The marginal product of labor for Acme, Inc is 15. The average product of labor is 25, and the price of labor is $10. Assuming that Acme, Inc is a competitor in its output and input markets, the marginal revenue product of labor:

Arriving at a decision by comparing total costs and total benefits is called marginal analysis

Indicate whether the statement is true or false

While the Economic Freedom Index demonstrates a strong ________ correlation between economic freedom and per capita GDP, the economic way of thinking provides the ________

A) negative; explanation B) positive; explanation C) negative; data D) positive; data