Figure: the Total Product (Figure: the Total Product)

question 171

Multiple Choice

Figure: The Total Product (Figure: The Total Product) Look at the figure The Total Product.If after hiring L2 labor, the firm hires more labor, the total product will ________ because the marginal product of labor is _.

• A)decrease; positive
• B)increase; positive
• C)decrease; negative
• D)increase; negative

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Definitions:

Intelligence Quotient

A measure of a person's cognitive ability or intelligence, represented as a score derived from standardized tests.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors.

Communication

The exchange of information, feelings, or ideas between individuals or groups, using spoken words, written language, or other symbols.

Avoidant-Insecurely Attached

A type of attachment style where individuals tend to maintain their distance from others and have difficulty in establishing close emotional relationships.