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Author Question: Marginal benefit curves slope ________ and marginal cost curves slope ________. A) upward; upward ... (Read 153 times)

MGLQZ

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on: Jun 29, 2018
Marginal benefit curves slope ________ and marginal cost curves slope ________.
 
  A) upward; upward
  B) upward; downward
  C) downward; downward
  D) downward; upward

Question 2

The above table gives techniques that Fatz confectionery can use to produce 2,000 pounds of candy.
 
  If the cost of capital is 20 per unit and the cost of labor is 40 per unit, the economically efficient technique for producing 2000 pounds of candy is A) A.
  B) B.
  C) C.
  D) D.


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Jevvish

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


MGLQZ

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

raili21

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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