QUESTION 18 When Total Product of labors (TPL) is maximized then: O Average product (APL) is maximized O Marginal product (MPL) is maximized O Average product (APL) equals zero O Marginal product...

Extracted text: QUESTION 18 When Total Product of labors (TPL) is maximized then: O Average product (APL) is maximized O Marginal product (MPL) is maximized O Average product (APL) equals zero O Marginal product (MPL) equals zero QUESTION 19 The short run is a period of time in which: The amount of output is fixed. O Nothing the firm does can be altered. Prices and wages are fixed. The quantities of some resources (inputs) are fixed. Click Save and Submit to save and submit. Click Save All Answers to save all answers.


Extracted text: QUESTION 18 When Total Product of labors (TPL) is maximized then: O Average product (APL) is maximized O Marginal product (MPL) is maximized Average product (APL) equals zero O Marginal product (MPL) equals zero QUESTION 19 The short run is a period of time in which: The amount of output is fixed. O Nothing the firm does can be altered. Prices and wages are fixed. The quantities of some resources (inputs) are fixed. Click Save amd Submit to save and submit. Click Save All Answers to save all answers.