Multiple Choice
-The table above shows some data that describes Tom's T- Shirts' total product when Tom has one sewing machine. When 4 workers are employed, _______.
A) average product of labour is at the maximum
B) marginal product of labour equals average product of labour
C) marginal product of labour exceeds average product of labour
D) marginal product of labour is less than average product of labour
Correct Answer:

Verified
Correct Answer:
Verified
Q128: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The table above
Q129: Jefferson's Cleaners<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt="Jefferson's Cleaners
Q130: If a firm's marginal product of labour
Q131: Ernie's Earmuffs produces 200 earmuffs per year
Q132: If the wages a firm pays it
Q134: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The table above
Q135: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The above figure
Q136: Most total product curves have<br>A) output first
Q137: A company could produce 100 units of
Q138: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -In the above