What Is the Shape of the Curve That Represents the Value

question 42

Multiple Choice

What is the shape of the curve that represents the value of the marginal product of labour

• A)U-shaped
• B)flat
• C)downward sloping
• D)upward sloping

---

Definitions:

Standard Normal Distribution

Normal distribution measured in standard deviation units with a mean equal to 0 and a standard deviation equal to 1.

Sampling Distribution

The distribution pattern of probabilities for a certain statistic obtained through random sampling.

Alpha (α)

Probability of a statistic used to make the decision whether to reject the null hypothesis.

Sampling Distribution

The chance distribution for a statistic identified from a random sample.