With a Positively Skewed Distribution __________

question 41

Multiple Choice

With a positively skewed distribution __________.

• A)the mean is always in the center of the distribution
• B)all the measures of central tendency are equal
• C)the mean is always in the low end of the scores
• D)the mean is pulled in the direction of the tail

Analyze production technologies using inputs of capital and labor.

Identify capital-intensive and labor-intensive technologies.

Calculate the optimal method of production based on the cost of capital and labor.

Understand the concepts of marginal and average products of labor.