Question: 6. One important concept we learned this semester is the relationship between productivity and cost.We learned that average variable cost and the average product of

6. One important concept we learned this semester is the relationship between productivity and cost.We learned that average variable cost and the average product of labor have a _____________ relationship, ceteris paribus.

10.Economist, in a general context, study human behavior with respect to ____?

24.If Bob the burger guy increases the price of his burgers by 30%, and as a result (ceteris paribus) the number of burgers declines by 20%, then his total sales revenue for burgers will:

28.If the average product of labor is increasing as output increases, then the marginal product of labor must be _____ the average product of labor.

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