When Firms Are Able to Increase the Amount of Physical

question 248

Multiple Choice

When firms are able to increase the amount of physical capital available to workers, the

• A)marginal product of labor will decrease.
• B)value of the marginal product of labor will decrease.
• C)value of the marginal product of labor will increase.
• D)final product price will increase.

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Definitions:

Probability Distribution

A function in mathematics that calculates the probability of each possible result of an experiment.

Soccer Team

A group of players forming one side in a competitive game of soccer.

Probability Distribution

Describes how the values of a random variable are distributed, showing all the possible values and how often they occur.