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Title: Joey cuts lawns during the summer. Let q equal the number of acres mowed per day, and let L equal ...
Post by: Llanis on Oct 18, 2017
Joey cuts lawns during the summer. Let q equal the number of acres mowed per day, and let L equal the number of hours worked per day. Joey never works more than eight hours per day, and during that time his short-run production function is q = 0.2 * L. Which of the following statements is FALSE?
A) Joey's marginal productivity equals his average productivity.
B) Joey's marginal productivity diminishes by 0.2 for each additional hour worked.
C) Joey's average productivity is constant.
D) Joey's marginal productivity is constant.


Title: Re: Joey cuts lawns during the summer. Let q equal the number of acres mowed per day, and let L ...
Post by: LBCea on Oct 18, 2017
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