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Author Question: Refer to Table 11-1. Diminishing marginal returns sets in when the ________ worker is hired. A) ... (Read 64 times)

Bernana

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Refer to Table 11-1. Diminishing marginal returns sets in when the ________ worker is hired.
 
  A) 2nd
  B) 3rd
  C) 4th
  D) None of the above; the production function displays increasing marginal returns.

Question 2

If the market price is 40, the average revenue of selling five units is
 
  A) 8. B) 20. C) 40. D) 200.



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parshano

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Answer to Question 1

B

Answer to Question 2

C




Bernana

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


jamesnevil303

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Reply 3 on: Yesterday
Wow, this really help

 

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