Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
40<br />
One reason that professional baseball players earn higher incomes than college professors is that<br />
__________ .<br />
A. the training costs to enter the baseball profession are<br />
low<br />
B. there no barriers to entry in the baseball profession<br />
C. few people have the skill to play professional baseball<br />
D. being a college professor requires less education<br />
Question 36 of<br />
2.5/ 2.5 Points<br />
40<br />
Other things being equal, as diminishing marginal returns begin to occur, the marginal revenue<br />
product of labor __________ .<br />
A. decreases as more workers are used<br />
B. increases as more workers are used<br />
C. remains unchanged as more workers are<br />
used<br />
D. none of the above<br />
Question 37 of<br />
0.0/ 2.5 Points<br />
40<br />
The relationship between the wage and the quantity of labor that a given worker is willing to<br />
provide is called __________ .<br />
A. individual labor<br />
demand<br />
B. market labor demand
Change language