-
+1 - 312-224-1615
Get in touch with us
-
support@helpwithassignment.com
Send us an e-mail
Solution Library
Marginal Product Calculation
Question
1. Suppose the marginal product of the 23rd worker is eight boxes of output. Average product when 23 workers are employed is five boxes per worker. We can conclude that:
A) average product is neither rising nor falling.
B) marginal product is neither rising nor falling.
C) marginal product is falling.
D) average product is rising.
2. Use the following to answer the question:
Workers Output MP AP
1 5 5 5
2 12 7 6
3 21 7
4 31 10 7.75
5 40 9 8
6 48 8
7 6 7.71
8 58 3 7.13
9 60 0 6.33
10 60 -3 5.4
Referring to the table and figure above, adding a fifth worker leads to:
A) diminishing marginal returns.
B) constant marginal returns.
C) negative marginal returns.
D) increasing marginal returns.
Summary
These multiple choice questions belong to Economics. The 1st question is about calculation of marginal product and the 2nd question is about calculation of marginal returns.
Total Word Count NA
WHAT OUR STUDENTS SAY
I was apprehensive to begin with. I had bitter experiences with online service providers for assignments and homework essays during my masters. But the online dissertation help expert assigned to me by TheReliableTutor has been extremely responsible and professional in his approach to my subject of choice and the research work has been totally as I had wanted. We are on a good path I feel.
Sylvia Pilger Student
I needed serious help with my inventory management assignment but was not sure how to find on the net. Luckily, in fact, very luckily I came across this website where the expert took time to understand the requirement of the assignment and also assisted me with the overall assignment and many more supply chain assignments after that. I kept on recommending this website to all my friends.
Trudy Hudson Student
I ordered my zoology assignments to these guys. First I was reluctant to pay them. However after the initial payment, they provided me a draft of work. I was indeed amazed with the work quality and I ordered for the rest.
Larry Student
I had no clue about how to design the database tables and access them via Oracle programming and was lagging behind in class. Then one fine evening I searched the internet for help and ultimately landed in HwA’s page. Here I found that the experts are all working in an Oracle interface and has a deep understanding of the programming paradigms.
Tracie Scott Student
I got very solid advice on the primary intervention and assessment of the skin of a burn victim from the experts here on HwA. Since then I always take their help.
Esther Gibson Student
Comments
this is a very good website
I have 50 questions for the same test your page is showing only 28
hi can you please help or guide me to answer my assignments. thanks
hi can anyone help or guide me to my assignments. thanks
This solution is perfect ...thanks
Hello Allison,I love the 2nd image that you did! I also, had never heard of SumoPaint, is something that I will have to exolpre a bit! I understand completely the 52 (or so) youtube videos that you probably watched. Sometimes they have what you want, sometimes they don't! However, it is always satisfying when you are able to produce something that you have taught yourself. Great job!Debra 0 likes
Perfect bank of solution.
great !
thanks for the quick response. the solution looks good. :)
thnx for the answer. it was perfect. just the way i wanted it.
works fine.