Solved

Use the Following to Answer Questions

Question 72

Multiple Choice

Use the following to answer questions:
Figure: The Demand for Bricklayers Use the following to answer questions: Figure: The Demand for Bricklayers -(Figure: The Demand for Bricklayers) Look at the figure The Demand for Bricklayers. If there is an increase in technology that increases the productivity of bricklayers, then the value of the marginal product of the sixth bricklayer will be _____ than _____. A) less; $80 B) greater; $100 C) less; $60 D) greater; $110
-(Figure: The Demand for Bricklayers) Look at the figure The Demand for Bricklayers. If there is an increase in technology that increases the productivity of bricklayers, then the value of the marginal product of the sixth bricklayer will be _____ than _____.


A) less; $80
B) greater; $100
C) less; $60
D) greater; $110

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q20: In the past 30 years,the ability of

Q61: There will be an increase in factor

Q70: Consider the labor market for accountants. As

Q73: An increase in wealth will cause the

Q76: Suppose Billy Bud's Bucking Broncos employs 20

Q90: A new teacher often makes less than

Q239: A factor demand curve will shift to

Q273: The value of the marginal product is

Q282: Suppose there are diminishing returns to labor.If

Q307: Assume that Stan just received a promotion