I think it's Cluster it's definitely not C.

Advanced Placement (AP)

2 answers:

REY [17]3 years ago

6 0

Cluster is your answer. Hope this was helpful!

d1i1m1o1n [39]3 years ago

3 0

Yes,the answer is cluster you are correct.

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a(I).Q4, (ii). W3.

(b). Q4.

(c). (i) and (ii). Check Explanation

Explanation:

Note: Kindly check the attachment for the graph. The solution to the question is given below;

(a). Using the labels from the graph above, identify each of the following.

(i) The optimal quantity of labor Larry’s Lumber Mill will hire will be at a point in which marginal cost = marginal revenue which is point Q4

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(c). (i). Larry’s Lumber Mill’s demand for labor increase which will cause a shift to the right on the demand curve. This is so, because as the demand for housing increases, the demand for lumber will increase too.

(ii). The supply is lesser than the demand which will cause a shift to the left on the supply curve.