If another worker adds 9 units of output to a group of workers who had an average product of 7 units, then the average product of labor
A) will remain the same.
B) will increase.
C) will decrease.
D) and what will happen to it cannot be determined.
Answer: B
Economics
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Regarding poverty in U.S. society, it is correct to say that: a. Poverty affects a relatively small number of Americans. b. Poverty results from a failure to work hard
c. Most of the poor live in inner cities. d. None of these statements is true.
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Why do economists conduct growth accounting studies? What are the three lessons that commonly emerge from such studies? What is the full recipe for the growth of per capita GDP in an economy?
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