A Straight Line Drawn from the Origin Is Tangent to a Short-Run

question 24

Multiple Choice

A straight line drawn from the origin is tangent to a short-run production function with only one input,labor.At the quantity of labor where the tangency occurs:

• A) the average product of labor is at a maximum.
• B) the marginal product of labor is at a maximum.
• C) the marginal product of labor is increasing.
• D) the average product of labor is increasing.
• E) the total product of labor is at a maximum.

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Definitions:

Recent African Origins Hypothesis

An evolutionary theory suggesting that modern humans evolved in Africa relatively recently and share a common ancestry.

Eve Hypothesis

A scientific theory suggesting that all modern humans have descended from a common maternal ancestor, dubbed "Mitochondrial Eve," who lived in Africa.

Out of Africa Hypothesis

A scientific theory proposing that all modern humans originated from a common ancestry in Africa before migrating to other parts of the world.

Denisovans

An extinct species or subspecies of archaic humans in the genus Homo, known from DNA evidence and a few fossil remnants found in Siberia.