Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 12, 2024

What is the value marginal product of labor if P = $10, MPL = $25, and APL = 40? Multiple Choice O $400 O $1,000

What is the value marginal product of labor if P = $10, MPL = $25, and APL = 40? Multiple Choice O $400 O $1,000 O $10,000 O $250

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Economics

Authors: Gregory Mankiw

7th edition

128516587X, 978-1285165875

More Books

Students also viewed these Economics questions

Question

★★★★★

Wilton Corporation has a single class of common stock outstanding. Robert owns 100 shares, which he purchased in 2009 for $100,000. In 2015, when the stock is worth $1,200 per share, Wilton declares...

Answered: 1 week ago

Question

★★★★★

Discuss the use of bonds as a form of liability.

Answered: 1 week ago

Question

★★★★★

Summarize major issues that can arise when psychologists conduct forensic evaluations.

Answered: 1 week ago

Question

★★★★★

Hemlo Inc. is a manufacturing company. Because of the nature of its products it can sometimes be difficult to determine their NRV. In the year ended December 31, 2017 Hemlos management estimated that...

Answered: 1 week ago

Question

★★★★★

Junior just received his annual bonus and is looking to invest it in one of two potential investments. Junior is considering a 15-year 8% coupon bond issued by HomeCo that is currently selling for...

Answered: 1 week ago

Question

★★★★★

What technology mentioned in the textbook encrypts credit cards on a mobile device and sends one - time - use representations of a credit card over the Internet. a . Two - factor authentication b ....

Answered: 1 week ago

Question

★★★★★

The term for the legal death of the artificial "person" of Sun Star Corp., or any other corporation, is Group of answer choices winding up. takeover. surviving corporation. dissolution.

Answered: 1 week ago

Question

★★★★★

Given a choice, a buyer of real property wants a quitclaim deed rather than a general warranty deed . True or false?

Answered: 1 week ago

Question

★★★★★

Lucy would like to receive $60,000 in the first year of her financial independence at age 60. After this first income payment, she is content with her annual income growing at the rate of inflation....

Answered: 1 week ago

Question

★★★★★

IDinsight is evaluating the impact of a new fertilizer on farmer income. 10 farmers who received fertilizer harvested a total of 500 bags of beans and 10 farmers that did not use fertilizer harvested...

Answered: 1 week ago

Question

★★★★★

Geography is a part of the global economy, especially from the perspective of economic interdependence. The patterns of networks include exchanges of very different types of economic connections that...

Answered: 1 week ago

Question

★★★★★

Question 2(11 marks) Tara Lambert, an accountant, controlled a few companies. One of these companies was Wolf Properties Pty Ltd, which was a real estate property development firm. One of Tara's...

Answered: 1 week ago

Question

★★★★★

The tools are structured and for improving the individuals communication skills.

Answered: 1 week ago

Question

★★★★★

Always show respect for the other person or persons.

Answered: 1 week ago

Question

★★★★★

Self-awareness is linked to the businesss results.

Answered: 1 week ago

Previous Question Next Question