This topic contains a solution. Click here to go to the answer

Author Question: When a firm is experiencing increasing marginal costs, it implies a. There are constant marginal ... (Read 29 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
When a firm is experiencing increasing marginal costs, it implies
 a. There are constant marginal productivity
  b. There are decreasing average costs
  c. There are decreasing marginal productivity
  d. There are increasing marginal productivity

Question 2

The demand for durable goods tends to be more price elastic than the demand for non-durables.
 a. true
  b. false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TheDev123

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

c

Answer to Question 2

a




jc611

  • Member
  • Posts: 552
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

For a complete list of videos, visit our video library