Figure 7-1 Shows the Total Product Curve for Different Levels

question 59

Multiple Choice

Figure 7-1 shows the total product curve for different levels of a variable input,labor.
Figure 7-1
-Refer to Figure 7-1.A firm would choose to operate between points C and D because:

• A)marginal product has already reached a maximum.
• B)average product is rising over that range.
• C)marginal product and average product are positive,but falling.
• D)marginal product and average product are rising.

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Definitions:

Genetics

The study of heredity and the variation of inherited characteristics.

Monozygotic Twins

Twins that originate from a single fertilized egg, sharing 100% of their DNA and typically having very similar physical characteristics.

Egg Cells

The female reproductive cells, also known as ova, which, when fertilized by a sperm cell, can develop into a new organism.

Genes

Units of heredity made up of DNA that act as instructions to make molecules called proteins.