Based on the data in the table above, what is the average product of labor when Decent Donuts employs five workers?

The unemployment that is caused by changes in the economy, such as shifts in manufacturing techniques, increased use of computers and electronic machines, and increases in the production of services instead of goods, is called

A) frictional unemployment. B) structural unemployment. C) cyclical unemployment. D) natural unemployment.

A firm's labor demand curve shows the relationship between the

a. wage rate and the quantity of labor supplied b. marginal revenue product of labor and the marginal product of labor c. wage rate and the quantity of labor demanded d. marginal product of labor and the quantity of labor demanded e. wage rate and the quantity demanded of the good produced by labor