BADM 7200 Exam 3 |Questions and Answers Latest Updated 2026/2027 (Graded A+)-Louisiana State University

BADM 7200 Exam 3 |Questions and Answers Latest Updated 2026/2027 (Graded
A+)-Louisiana State University



Started on Saturday, March 7, 2026, 12:37 PM
State Finished
Completed on Saturday, March 7, 2026, 1:35 PM
Time taken 58 mins 18 secs
Points 70.00/70.00
Grade 100.00 out of 100.00




Question 1
Correct 2.00 points out of 2.00


In the long run, a firm is said to be experiencing decreasing returns to scale if a 10 percent increase in
inputs results in



a. a decrease in output from 100 to 90.

b. an increase in output from 100 to 110.

c.
a decrease in output from 100 to 85.



d. an increase in output from 100 to 105.


Your answer is correct.
The correct answer is:
an increase in output from 100 to 105.

, Question 2
Correct 5.00 points out of 5.00

Suppose a firm faces the following average and marginal products of labor:

APL = 50 + 2L - 0.05L2
MPL = 50 + 4L - 0.15L2

At what value of labor does Stage II of production begin?


Answer: 20


The correct answer is: 20