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Use the Following to Answer Questions

Question 2

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) Use Figure: The Total Product.When L<sub>2</sub> labour is hired,the total product is at a _____ and the marginal product of labour is _____. A) minimum;zero B) maximum;zero C) maximum;positive D) minimum;positive but falling
-(Figure: The Total Product) Use Figure: The Total Product.When L2 labour is hired,the total product is at a _____ and the marginal product of labour is _____.


A) minimum;zero
B) maximum;zero
C) maximum;positive
D) minimum;positive but falling

Correct Answer:

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