Which of the following is true of the relationship between the average product of labor and the marginal product of laborLOADING...? A. Whenever the marginal product of labor is decreasingdecreasing, the average product of labor must be decreasingdecreasing. B. The marginal product of labor equals the average product of labor for the quantity of workers where the marginal product of labor is at its maximum. C. The average product of labor equals the sum of the marginal products of labor. D. Whenever the marginal product of labor is lessless than the average product of labor, the average product of labor must be increasingincreasing. E. Whenever the marginal product of labor is greatergreater than the average product of labor, the average product of labor must be increasingincreasing.

The economic advisor of a large tire store proposes the demand function d(p)equalsstartfraction 1900 over p minus 40 endfraction , where d(p) is the number of tires of one brand and size that can be sold in one day at price p. answer parts (a) through (e) below. a. recalling that the demand must be positive, what is the domain of this function? the domain consists of all possible values of ▼ for which ▼ p d(p) ▼ does not exist. is positive. is zero. is negative. exists.

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The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e.g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $