Examlex

Solved

The Relationship Between Labour Usage and Output at the Local

question 6

Multiple Choice

The relationship between labour usage and output at the local Starducks is summarized in the table below.The price of a cup of espresso is $1.25 and no other inputs are required. The relationship between labour usage and output at the local Starducks is summarized in the table below.The price of a cup of espresso is $1.25 and no other inputs are required.   -Refer to the information above.The marginal product of the third worker is __________ the marginal product of the second worker,which means that __________. A)  greater than;diminishing returns are absent B)  less than;diminishing returns are present C)  equal to;the third worker will be hired D)  less than;diminishing returns are absent E)  greater than;diminishing returns are present
-Refer to the information above.The marginal product of the third worker is __________ the marginal product of the second worker,which means that __________.


Definitions:

Reagents

Chemical substances or compounds added to a system to bring about a chemical reaction or to see if a reaction occurs.

Transformation

A general term for any process or reaction that changes the chemical structure, physical properties, or molecular composition of a substance.

Organic Product

A compound containing carbon atoms that has been produced through chemical reactions involving organic molecules.

β-Ocimene

An isomer of ocimene, which is a monoterpene showing a double bond at the beta position, found in various plant oils and used in fragrances.

Related Questions