Suppose That When a Firm Hires One Additional Unit of Labour,total

question 4

Multiple Choice

Suppose that when a firm hires one additional unit of labour,total product increases from 100 to 110 units of output per month.Marginal product must therefore be

• A)decreasing.
• B)increasing.
• C)zero.
• D)constant.
• E)positive.

---

Definitions:

Binet

Alfred Binet, a French psychologist best known for developing the first intelligence test.

Thurstone

Refers to Louis Leon Thurstone, an influential American psychologist known for his contributions to psychometrics and the theory of intelligence.

Wechsler

Refers to David Wechsler, a psychologist who developed several widely used intelligence scales, including the Wechsler Adult Intelligence Scale (WAIS).

Spearman

was a British psychologist known for his work in statistics and intelligence, notably proposing the theory of general intelligence, or the "g factor."