If the average product of 20 workers is 100 bushels of wheat and the average product of 21 workers of wheat is 99 bushels of wheat, then the marginal product of the 21st worker was

A) -1 bushel of wheat.
B) 5 bushels of wheat.
C) 79 bushels of wheat.
D) 99 bushels of wheat.

Answer: C

Economics

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What will be an ideal response?

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Suppose that the prices of good A and good B were to suddenly double. If good A is plotted along the horizontal axis,

A) the budget line will become steeper. B) the budget line will become flatter. C) the slope of the budget line will not change. D) the slope of the budget line will change, but in an indeterminate way.

Economics