If output price is constant, the marginal revenue product of labour curve will have the same shape as the ?

Related Mcqs:

The poverty trap refers to ?

A. a situation in which those receiving state benefits may be almost no better off if they choose to work more to earn more income for themselves and their families because doing so will mean they have to pay back the benefits they have previously received B. a situation in which workers are unable to … The poverty trap refers to ?Read More...

A Gini coefficient of one means that ?

A. all the income is received by the top 20% of the income distribution B. income is distributed equally C. the income is split equally between the top 20% and the rest of the distribution. D. one family has all the income and every one else has nothing....

Mariam earns more than Seamus and she came by her income fairly and honestly which of the following political philosophies would argue against the redistribution of income from Mariam to Seamus ?

A. all of these answers B. libertarianism C. utilitarianism D. none of these answers...

The marginal revenue product of labour is ?

A. the marginal product of capital times the price of labour. B. the additional revenue a firm earns by employing on additional unit of labour C. the additional profit a firms earns by employing one additional unit of labour D. the additional revenue the firm makes by selling one unit of labour....

The Benazir Benefit income Scheme is a good example of ?

A. a benefit in kind. B. a means tested cash benefit C. a universal (social insurance based) benefit D. none of the above...