« previous next »

Author Question: When a firm is experiencing economies of scale A) the MP curve slopes upward. B) the LRAC curve ... (Read 83 times)

APUS57

  • Hero Member
  • *****
  • Posts: 571
on: Jun 29, 2018
When a firm is experiencing economies of scale
 
  A) the MP curve slopes upward.
  B) the LRAC curve slopes downward.
  C) diminishing returns to labor have been suspended.
  D) the MC curve slopes downward.

Question 2

The table above shows the marginal costs and marginal benefits of college education. The marginal private cost of college education at the efficient quantity of enrollment is
 
  A) 8,000 per year.
  B) 12,000 per year.
  C) 14,000 per year.
  D) 16,000 per year.


otokexnaru

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Scale used to measure pupil size in millimeters. Scale used to measure pupil size in millimeters.
Scale used to measure pupil size in millimeters. Scale used to measure pupil size in millimeters.
Traction the neck by placing the head, in neutral position facing upward, in one hand. Place the ... Traction the neck by placing the head, in neutral position facing upward, in one hand. Place the ...
Bacteria growth curve Bacteria growth curve
Pain rating intensity scale Pain rating intensity scale
Glasgow Coma Scale (1 of 2) Glasgow Coma Scale (1 of 2)
Video: Medullary osmotic gradient - influencing factors

For a complete list of videos, visit our video library