What can a firm do to increase productivity in the short run once its marginal product is zero? Increase the quantity of the input.
Decrease the quantity of the input.
Lower the price of its product.
Raise the price of its product.
Nothing, as more workers decreases total product.

Given are five observations for two variables, x and y. xi 1 2 3 4 5 yi 3 7 5 11 14 which of the following is a scatter diagrams accurately represents the data? what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? try to approximate the relationship betwen x and y by drawing a straight line through the data. which of the following is a scatter diagrams accurately represents the data? develop the estimated regression equation by computing the values of b 0 and b 1 using equations (14.6) and (14.7) (to 1 decimal). = + x use the estimated regression equation to predict the value of y when x = 4 (to 1 decimal). =