Use the following table to answer this question, which provides information on the production of a product that requires one variable input.InputTotal Product00102002060030720408205090060980The marginal product of the 30th input item is

A. 24.
B. 120.
C. 12.
D. 200.

Answer: C

Economics

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In the United States, government policies with respect to monopolies and collusion are embodied in

A) common law, which the United States adopted from English law. B) the Supreme Court. C) antitrust laws. D) the U.S. Constitution.

Economics

If Marie buys a sailboat, which increases the productivity of her leisure time, she

a. increases her productivity of nonmarket work b. increases her productivity of market work c. will spend less time in nonmarket work d. will spend less time in leisure activities e. will spend more time in market work to pay for the boat's maintenance

Economics