-Refer to the Graph Above

question 151

Multiple Choice

-Refer to the graph above.This firm uses labour and a fixed quantity of machines.Between 2 and 5 units of output,we know that

• A) the marginal product of labour must be increasing.
• B) the marginal product of labour must be decreasing.
• C) the marginal product of labour must be constant.
• D) the marginal product of labour must be higher than the wage rate.
• E) the figure does not relate to the marginal product of labour.

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Definitions:

Parallel

Occurring or existing at the same time or in a similar way; corresponding.

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describes a role of leadership or authority within a meeting, organization, committee, or academic department.

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