Choose the Correct Statement

question 99

Multiple Choice

Choose the correct statement.

• A)When marginal product of labour is greater than average product of labour and marginal product is either increasing or decreasing average product of labour is increasing.
• B)When total product is increasing average product of labour and marginal product of labour are both increasing.
• C)When marginal product of labour is greater than or equal to average product of labour,average product of labour is increasing.
• D)When marginal product of labour is increasing,average product of labour is greater than marginal product of labour.
• E)When total product is increasing,average product of labour is decreasing and marginal product of labour is increasing.

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Definitions:

Parent Entity

A company that has control, directly or indirectly, over other companies or subsidiaries.

Control

The ability to control the economic and functional strategies of an organization in order to gain advantages from its operations.

Financial Policies

Guidelines, rules, and procedures created by a company to govern its actions in the financial market, including investment, allocation, spending, and financing activities.

Operating Policies

Guidelines and protocols established by a company to govern its day-to-day operational activities and decisions.