Problemas

Match each term to its definition. Increase Decrease Marginal Product of Labor Total Costs Total Revenue QLeah Cleary 2018 Change in output (production) from hiring additional employees Shift to the left Fixed Cost+Variable Cost Money from selling a product (Price of a good x number sold) Shift to the right
Solución
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Ángelveterano · Tutor durante 10 años
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Responder
Sure, here are the terms matched to their definitions:<br /><br />1. **Increase**: Shift to the right<br />2. **Decrease**: Shift to the left<br />3. **Marginal Product of Labor**: Change in output (production) from hiring additional employees<br />4. **Total Costs**: $Fixed\quad Cost+Variable\quad Cost$<br />5. **Total Revenue**: Money from selling a product (Price of a good x number sold)
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