(Look at provided graph below) Between points A and B the marginal product of labor is:

a. falling.

b. zero. c. increasing. d. constant. e. infinite.

(Look at provided graph below) As units of labor are hired between quantities L1 and L2, ________ is ________ and ________ is ________. a. total product; rising; marginal product; negative b. total product; rising; average product; negative

c. total product; rising; marginal product; positive

d. marginal product; zero; total product; falling e. marginal product; rising; total product; constant

(Look at provided graph below) Hiring L2 units of labor results in total product attaining a ________and the marginal product of labor ________.

a. minimum; falling, but still being positive b. maximum; being negative

c. maximum; being positive

d. minimum; being equal to zero

e. maximum; being equal to zero

Figure 54-1: Total Product Total output (per period) 0 L1 L2 Units of labor (per day)