This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the slope of the per-worker production function is 1/4 in a given range, how will a 10,000 ... (Read 44 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
If the slope of the per-worker production function is 1/4 in a given range, how will a 10,000 increase in capital per hour worked affect real GDP per hour worked in the same given range?
 
  A) Real GDP per hour worked will increase by 10,000.
  B) Real GDP per hour worked will decrease by 40.000.
  C) Real GDP per hour worked will increase by 40,000.
  D) Real GDP per hour worked will increase by 2,500.

Question 2

If price discrimination occurs in a market
 
  A) consumers whose demand for the product sold is more elastic pay higher prices than consumers whose demand is less elastic.
  B) the firm earns arbitrage profits.
  C) the marginal cost of production is constant.
  D) the law of one price does not hold.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TheNamesImani

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


cookcarl

  • Hero Member
  • *****
  • Posts: 539
Reply #2 on: Jun 29, 2018
Thank you


TheNamesImani

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

The structure and function of the renal corpuscle. The structure and function of the renal corpuscle.
Range of Motion of the Spine, Flexion and Hyperextension Range of Motion of the Spine, Flexion and Hyperextension
Although Neandertal brain sizes fall well within the modern human range, their EQ is lower than mode Although Neandertal brain sizes fall well within the modern human range, their EQ is lower than mode
How to use L’Hospital’s Rule to find the limit of a function (Part 1) How to use L’Hospital’s Rule to find the limit of a function (Part 1)
How to find the anti-derivative of a function (Part 3) How to find the anti-derivative of a function (Part 3)
Structure and function of the Gal4p activator Structure and function of the Gal4p activator
Video: Hyperglycemia Animation

For a complete list of videos, visit our video library