The marginal product of labour is always ________ and it ________ as the labour stock increases.
A) positive; increases
B) positive; decreases
C) negative; increases
D) negative; decreases
Correct Answer:
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Q14: Which of the following equations best represents
Q15: The marginal product of capital is always
Q16: In the aggregate production function,Y represents real
Q17: In the aggregate production function,the symbol "A
Q18: Which of the following equations best represents
Q20: The aggregate production function is an equation
Q21: Suppose that the production function for the
Q22: Suppose that the production function for the
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Q24: Figure 7.1
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