If the Marginal Product of Labor Equals the Average Product

question 116

Multiple Choice

If the marginal product of labor equals the average product of labor, then the

• A) average product is maximized.
• B) marginal product is maximized.
• C) marginal product is still increasing.
• D) average product is still increasing.

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Definitions:

Hydrogen Atoms

The simplest and most abundant element in the universe, consisting of one proton and one electron.

Water Molecule

the smallest unit of water (H2O), consisting of two hydrogen atoms bonded to one oxygen atom.

Electron Shells

Regions around an atom's nucleus where electrons are likely to be found, each shell having a fixed capacity for electrons.

Magnesium

a lightweight, silvery-white metallic element that is essential for both plant and animal life.