Multiple Choice
The following question are based on the following diagram illustrating the weekly average and marginal products for salespersons in the appliance department of a large department store:
-Diminishing marginal returns set in when adding the ________ salesperson.
A) first
B) second
C) third
D) fourth
E) fifth
Correct Answer:
Verified
Correct Answer:
Verified
Q2: The decline in incremental output as equal
Q3: The following question are based on the
Q4: According to government statistics,the number of business
Q5: The following question are based on the
Q6: The technical relationship between inputs and outputs
Q8: Large capital accumulation is facilitated in a
Q9: If for a firm the price of
Q10: The following question are based on the
Q11: The easiest and most inexpensive form of
Q12: A business firm that is regarded as