Multiple Choice
When the marginal product of labour is greater than the average product of labour,
A) the average product of labour is increasing.
B) the marginal product of labour is increasing.
C) the total product curve is negatively sloped.
D) the firm is experiencing diminishing marginal returns.
E) the firm is experiencing constant returns.
Correct Answer:

Verified
Correct Answer:
Verified
Q123: Use the figure below to answer the
Q124: Marginal product<br>A)is always negative.<br>B)equals the slope of
Q125: Choose the correct equation.<br>A)TFC = TC/Q<br>B)TFC =
Q126: Marginal product of labour is the increase
Q127: If the marginal product of the fifth
Q129: If the ATC curve is rising then
Q130: Which of the following are correct? According
Q131: Use the figure below to answer the
Q132: If diseconomies of scale are present,<br>A)average total
Q133: As soon as diminishing returns set in,a