Question: multiple choice questions Total P 120 100 40 0 0 1 2 3 4 5 6 7 8 9 1011 12131415 Units of Labour Marginal

multiple choice questions

Total P 120 100 40 0 0 1 2 3 4 5 6 7 8 9 1011 12131415 Units of Labour Marginal Product, Average Product -Marginal Product Average - Product 0 1 2 3 4 5 6 7 8 9 101112131415 Units of Labour FIGURE 7-1 Refer to Figure 7-1. If the firm hires the 15th unit of labour, Select one: A. marginal product will be unchanged. O B. the firm will reach its capacity. O C. average product will rise. O D. the extra output will be zero. E. output will increase by 2 units of output

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