« previous next »

Author Question: When a firm produces more output using the same inputs or the same output using fewer inputs we say ... (Read 195 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
on: Jun 29, 2018
When a firm produces more output using the same inputs or the same output using fewer inputs we say that the firm
 
  A) experiences positive technological change.
  B) will hire more workers in order to produce more output.
  C) experiences an increase in demand.
  D) is operating in the short run.

Question 2

An item has utility for a consumer if it
 
  A) generates enjoyment or satisfaction. B) is scarce.
  C) is something everyone else wants. D) has a high price.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


babybsemail

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

jazziefee

  • Hero Member
  • *****
  • Posts: 505
Reply #2 on: Jun 29, 2018
Thank you


babybsemail

  • Sr. Member
  • ****
  • Posts: 304
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Cardiac Output Cardiac Output
The output on this alternator is printed on a label. The output on this alternator is printed on a label.
A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ... A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ...
Possible Sources of Differences in Output per Worker Possible Sources of Differences in Output per Worker
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Intraaortic balloon pump. The balloon deflates during systole, so cardiac output is unimpeded. Intraaortic balloon pump. The balloon deflates during systole, so cardiac output is unimpeded.
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library