In the table at? right, how many workers are employed when marginal product reaches its? maximum?

A. 1
B. 3
C. 4
D. 2

Answer: B. 3

Economics

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A decrease in supply means:

A) a shift to the left of the entire supply curve. B) moving downward (to the left) along the supply curve with lower prices. C) less will be demanded at every price. D) more will be supplied at every price.

Economics

In a graphic relationship, shifts in a curve are caused by a change in:

a. the slope of the curve. b. a factor not measured on the axes of the graph. c. one of the factors measured on either axes of the graph. d. any factor, whether measured on the axes of the graph of not.

Economics