I guessed these answers please let me know which ones are the correct onces, Ple
ID: 1092361 • Letter: I
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I guessed these answers please let me know which ones are the correct onces, Please see my other questions. Take your time, I will only rate If your answers are correct , I will rate the all of the answers tomorrow night.Thank you
The amount by which the use of an additional unit of a factor of production increases a firm's total revenue during a period is called the: Average product, marginal physical product. Government payments to individuals for which no good or service is produced for the government in exchange are: government spending In the United States, those most likely to be uninsured are: A nurse willing to work the midnight to 8 A.M. shift may make more than one who works 8 A.M. to 4 P.M. because of: efficiency wages. A backward-bending supply curve of labor shows that at relatively low wages the: income effect dominates the substitution effect, and the supply curve has a positive slope. In 2009, which of the following demographic groups had the highest poverty rate? Table: Total Product of Labor at Debbie's Bakery Table: Total Product of Labor at Debbie's Bakery) Debbie owns a bakery and can hire workers to produce cakes selling in a competitive output market at $10 each. The table Total Product of Labor at Debbie's Bakery shows the relation between the number of workers and the number of cakes produced. What is the value of the marginal product for the fourth worker? The percentage of the population that falls below the poverty line is called the: absolute number of people in poverty. When labor is hired in a competitive market, the value of the marginal product of labor is computed by: multiplying the wage paid to labor by the marginal product of labor, dividing the marginal product of labor by the price of the output. Which of the following would not be considered a cause of poverty? The Gini coefficient: is seldom used, since it does not help one understand income inequality.Explanation / Answer
45. A
46. C
47. A
48. B
49. B
50. C
51. C
52. B
53. D
54. A
55. A
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