Consider a Basket-Producing Firm with Fixed Capital

question 143

Multiple Choice

Consider a basket-producing firm with fixed capital.If the firm can produce 24 baskets per day with 3 workers and then increases production to 36 baskets per day with 4 workers,then which of the following statements is definitely true?

• A)The firm has passed the point of diminishing marginal productivity.
• B)The marginal productivity of the fourth worker is 9.
• C)The firm has passed the point of diminishing average productivity.
• D)With 4 workers,the average product is greater than the marginal product.
• E)With 4 workers,the marginal product is greater than the average product.

Understand the formation and stability of isotopes, including the concepts of the belt of stability and artificial element creation.

Understand the adaptations necessary for nonvascular plants to survive and reproduce on land.

Identify and describe the life cycle of land plants, including the alternation of generations.

Recognize the significance of specific evolutionary adaptations in land plants, such as the waxy cuticle, stomata, and gametangia.

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A designated area or platform where potential customers or clients are contacted or managed.

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