Answer to Question #85127 in Microeconomics for Ayanda Lubisi

Question #85127
Assume that the average product for six workers is 15. If the marginal product of the
seventh worker is 18, then the …

1. marginal product is rising.
2. marginal product is falling.
3. average product is rising.
4. average product is falling.
1
Expert's answer
2019-02-26T14:38:08-0500

(3) Average product is rising.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
APPROVED BY CLIENTS