Voluntary exchange results in mutual gains

Laws that require children to be inoculated against certain diseases before they enter kindergarten are examples of the command approach

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

If in the short run a firm's total product is increasing, then its:

A. marginal product must also be increasing. B. marginal product must be decreasing. C. marginal product could be either increasing or decreasing. D. average product must also be increasing.