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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: Denise owns a plant that produces watch parts in Ohio. Denise noticed that when she hired the last w
Post by: Loraine on Jun 21, 2015
Denise owns a plant that produces watch parts in Ohio. Denise noticed that when she hired the last worker, that worker's marginal product exceeded the marginal product of the previous worker. As a result, when the last worker was hired, Denise's average product of labor
A) decreased.
B) increased.
C) did not change.
D) perhaps changed, but there is not enough information to determine whether or not it did change.
E) equals the marginal product of labor.


Title: Re: Denise owns a plant that produces watch parts in Ohio. Denise noticed that when she hired the la
Post by: Chimelo46 on Jul 30, 2015
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Title: Re: Denise owns a plant that produces watch parts in Ohio. Denise noticed that when she hired the last w
Post by: Chimelo46 on Aug 31, 2015
The textbook reference in your signature really helped me narrow it down.

Happy to help ;)