A normative economic statement can be proven either true or false

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

False

Economics

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The average product of labor is equal to

A. change in total product divided by quantity of labor. B. change in total product divided by change in quantity of labor. C. total product divided by quantity of labor. D. total product divided by change in quantity of labor.

Economics

Refer to the information provided in Figure 31.2 below to answer the question(s) that follow. Figure 31.2Refer to Figure 31.2. Point ________ can not be produced by the people of this society.

A. A B. B C. C D. D

Economics