70,0001 Norway 60,000 United States 50,000- Netherlands Denmark •. Germany France 40,000- :UK South Korea Jарan. Italy" • Spain 30,000- Greece Russia 20,000- Mexico Chile Turkey 10,000- 0. 6,400 6,500...


70,0001<br>Norway<br>60,000<br>United States<br>50,000-<br>Netherlands<br>Denmark •.<br>Germany<br>France<br>40,000-<br>:UK<br>South Korea<br>Jарan.<br>Italy

Extracted text: 70,0001 Norway 60,000 United States 50,000- Netherlands Denmark •. Germany France 40,000- :UK South Korea Jарan. Italy" • Spain 30,000- Greece Russia 20,000- Mexico Chile Turkey 10,000- 0. 6,400 6,500 6,600 6,700 6,800 6,900 7,000 7,100 7,200 7,300 7,400 7,500 Average annual hours of free time per worker According to the graph: Select one or more: а. UK workers have more free time than Greek workers. b. UK workers have lower GDP per capita than Spanish workers. O c. The relationship between GDP per capita and free time is downward sloping. d. US workers work longer hours than French workers. GDP per capita (USD PPPS)
Consider this production function.<br>Study hours<br>1 2<br>8 9 10 11 12<br>15 or more<br>4<br>5<br>6.<br>13<br>14<br>Grade<br>20<br>33<br>42<br>50<br>57<br>63<br>69 73 78 81 84 86 88 89<br>90<br>1001<br>90+<br>80-<br>70어<br>60-<br>50+<br>40<br>30어<br>20어<br>10-<br>3)<br>1.<br>1.<br>2)<br>1.<br>Hours of study per day<br>Select one or more:<br>The average product of labour is falling as hours of study increase.<br>а.<br>b.<br>The marginal product of labour is constant as hours of study increase.<br>The marginal product of labour is rising as hours of study increase.<br>C.<br>d. The marginal product of labour is zero beyond 15 hours.<br>Final grade<br>-2-<br>22-<br>

Extracted text: Consider this production function. Study hours 1 2 8 9 10 11 12 15 or more 4 5 6. 13 14 Grade 20 33 42 50 57 63 69 73 78 81 84 86 88 89 90 1001 90+ 80- 70어 60- 50+ 40 30어 20어 10- 3) 1. 1. 2) 1. Hours of study per day Select one or more: The average product of labour is falling as hours of study increase. а. b. The marginal product of labour is constant as hours of study increase. The marginal product of labour is rising as hours of study increase. C. d. The marginal product of labour is zero beyond 15 hours. Final grade -2- 22-

Jun 08, 2022
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