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After Suzie, owner of Suzie's Sweet Shop, hires her 8th worker the average product of labor declines

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After Suzie, owner of Suzie's Sweet Shop, hires her 8th worker the average product of labor declines

After Suzie, owner of Suzie's Sweet Shop, hires her 8th worker the average product of labor declines. Which of the following statements must be true?
A) The marginal product of the 8th worker is negative.
B) The marginal product of the 8th worker is less than the average product of labor before the 8th worker was hired.
C) Suzie's profits would be greater if she did not hire the 8th worker.
D) The average product of labor is negative.

Textbook

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

Read 424 times

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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face

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Smoooth

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8 years ago

You're welcome Happy Dummy

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Alexander C.

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4 years ago

thank you

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