Multiple Choice
The following question are based on the following diagram:
-The shift in the marginal product of labor curve shown in the diagram might be caused by
A) population growth.
B) an increase in the price of food.
C) a declining average product of labor.
D) technological change.
E) a decreasing total product of labor.
Correct Answer:
Verified
Correct Answer:
Verified
Q22: The firm or individual that first applies
Q23: Joseph Schumpeter's view of innovation and the
Q24: An advantage in increasing the per capita
Q25: As compared to earlier years,the rate of
Q26: The fear that continued growth at current
Q28: A country's economic,social,and political climate can increase
Q29: One of the important elements for a
Q30: Who wrote the classic work on the
Q31: According to Malthus,the human race in the
Q32: The law of diminishing marginal returns does