As prices of an input changes, the isocost line will ________ to reflect more or less of the total amount spent in production

When the marginal product curve is downward sloping, the average product curve

A) must also be downward sloping. B) might be either upward or downward sloping. C) must be upward sloping. D) must be horizontal.

The Bureau of Labor Statistics is part of the U.S. Department of Labor

a. True b. False Indicate whether the statement is true or false