Exhibit 7.1 -Refer to Exhibit 7.1,which Shows the Total Product and Marginal

question 152

Multiple Choice

Exhibit 7.1

-Refer to Exhibit 7.1,which shows the total product and marginal product produced by a firm.Between three and seven workers,_____

• A)marginal product is rising and total product increases by increasing amounts.
• B)marginal product is falling but still positive, and total product increases by decreasing amounts.
• C)marginal product equals zero and total product is at a maximum.
• D)marginal product is negative and total product is falling.
• E)marginal product is negative and total product is rising.

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Second-grader

A student typically in the second grade of elementary school, usually 7 or 8 years old.

Fluid Intelligence

The capacity to solve novel problems, think quickly, and use abstract reasoning, distinct from learned knowledge.

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The ability to analyze, evaluate, judge, compare, and contrast; it is one of the three types of intelligence proposed by Sternberg's triarchic theory of intelligence.

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