Winnie's Car Wash is a perfectly competitive firm. The table above shows Winnie's total product schedule. What is the marginal product of labor when the 5th worker is hired?

Because the government has so much money, and can print more, it does not need to borrow and therefore rarely pays net interest on debt

Indicate whether the statement is true or false

In the figure above, if the firm is regulated using an average cost pricing rule, the economic loss created is equal to the area of

A) ABG. B) BEFG. C) BCFG. D) BCE. E) None of the above because there is no economic loss created.