Using the point method, the absolute value of the price elasticity of demand for the demand curve P=32-Q, when P=24 is

Using the table above, for which of the following levels of employment does the average product of labor exceed the marginal product of labor at Decent Donuts?

A) ten workers B) seven workers C) both of the above D) neither of the above

An individual's labor supply curve shows

A) the maximum wage rates offered to that individual by various potential employers. B) the relationship between wages and the quantity of labor that a firm is willing to employ. C) the relationship between wages and the quantity of labor that she is willing to supply. D) the relationship between the quantity of hours worked and total income earned by that individual.