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.

---

Definitions:

Alternative Hypothesis

A statistical hypothesis that proposes a difference or effect, in contrast to the null hypothesis which suggests no effect or relationship.

Wilcoxon Signed Rank Test

A nonparametric statistical test used when comparing two related samples or repeated measurements on a single sample to assess whether their population mean ranks differ.

Null Hypothesis

A default hypothesis that indicates no effect or no difference, and is tested against an alternative hypothesis.

Triglyceride Levels

Triglyceride Levels indicate the amount of triglycerides present in the blood, a type of fat that, in high levels, can increase the risk of heart disease.