The Following Data Show the Total Output for a Firm

question 135

Multiple Choice

The following data show the total output for a firm when specified amounts of labour are combined with a fixed amount of capital.When answering the questions,you are to assume that the wage per unit of labour is $25 and the cost of the capital is $100.
TABLE 7-4
-Refer to Table 7-4.Marginal product of labour begins decreasing with the ________ unit of labour hired.Average product of labour begins decreasing with the ________ unit of labour hired.

• A)4th; 3rd
• B)3rd; 2nd
• C)2nd; 3rd
• D)3rd; 4th
• E)4th; 5th

Understand the relationship dynamics between marital status and happiness.

Recognize the impact of children on marital satisfaction and housework distribution.

Comprehend the roles of communication and conflict resolution in maintaining relationships.

Analyze the effects of gender on marital satisfaction and health.

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Definitions:

Organisms

Living entities that can carry out life processes independently, including animals, plants, and microorganisms.

Humanism

An ethical and philosophical position that highlights the significance and capability of humans, both as individuals and as a group, favoring rational thought and empirical evidence above the adherence to established beliefs or irrational practices.

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of free will and personal growth.

Abraham Maslow

A psychologist known for creating Maslow's hierarchy of needs, a theory in psychology that prioritized basic human needs into five categories, culminating in self-actualization.