Refer to Table 17.2. If the price of output is $10 per unit, the marginal revenue product of the sixth unit of labor is:

The circular flow diagram implies that if accounting is done correctly, ________

A) the flow of income must exceed the implied value of the factors of production B) the implied value of the factors of production must exceed the flow of income C) the flow of expenditure must equal the income of the households making those expenditures D) the flow of expenditure must exceed the income of the households making those expenditures

Getting more output from a given amount of inputs is usually the result of increases in

a. the labor force. b. technology. c. the capital stock. d. investment.