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Question 95

Multiple Choice

Use the following to answer questions:
Figure: The Total Product Use the following to answer questions: Figure: The Total Product -(Figure: The Total Product) Look at the figure The Total Product. If the firm hires more than L<sub>2</sub> labor, the total product will _____ because the marginal product of labor is _____. A) decrease; positive B) increase; positive C) decrease; negative D) increase; negative
-(Figure: The Total Product) Look at the figure The Total Product. If the firm hires more than L2 labor, the total product will _____ because the marginal product of labor is _____.


A) decrease; positive
B) increase; positive
C) decrease; negative
D) increase; negative

Correct Answer:

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