Question: Please answer the following questions D Question 79 1 pts Which of the following is correct about marginal and average products? When marginal product is
Please answer the following questions

D Question 79 1 pts Which of the following is correct about marginal and average products? When marginal product is less than average product, average product is constant. When marginal product is less than average product, average product is increasing. When marginal product is greater than average product, average product is decreasing. When marginal product is greater than average product, average product is increasing. Previous Next Not saved Submit Quiz (61,678 unread) - s... (61,781 unread) - s... D Question 81 1 pts Labor (workers) Total Product (dogs groomed) 0 0 40 100 150 190 220 Anna owns a dog grooming salon in Greensboro. She pays each worker $300 per week and pays a rent of $500 per week for her salon. These are her only costs. When Anna has a staff of 2 workers, her total cost equals $500 $300 $1 100 $800 Labor (workers) Total Product (Cakes baked) 0 0 40 W N P 100 150 4 190 220 Carrie owns a bakery. She pays her workers $300 a week and pays a weekly rent of $500. These are her only expenses. Her total product schedule is given above. What is her average fixed cost when she has 4 workers? $8.95 $1700 $2.63 $500 Next > Previous
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