Which of the Following Statements Is True of the Relationship

question 52

Multiple Choice

Which of the following statements is true of the relationship between marginal product and average product of labor?

• A)When the marginal product of labor is decreasing,the average product of labor must also be decreasing.
• B)When the average product of labor is increasing,the marginal product of labor must also be increasing.
• C)When the marginal and average products of labor are equal,the marginal product is at its minimum.
• D)When the average product of labor is decreasing,average product must be greater than marginal product.

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Definitions:

Social Loafing

The phenomenon where individuals exert less effort when working in groups than when working alone.

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.

Superordinate Goal

A shared goal that cannot be achieved by any one group or individual alone and requires cooperative effort.

Alcohol Abuse

The excessive or inappropriate consumption of alcohol leading to negative effects on an individual's health, social life, and responsibilities.