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

Author Question: Diminishing returns means that A) each additional unit of labor produces successively more real ... (Read 128 times)

penza

  • Hero Member
  • *****
  • Posts: 1,022
on: Jun 30, 2018
Diminishing returns means that
 
  A) each additional unit of labor produces successively more real GDP.
  B) hiring more labor must lower the real wage rate.
  C) each extra unit of real GDP produced requires less labor.
  D) hiring more labor results in less real GDP.
  E) each additional unit of labor produces successively less real GDP.

Question 2

According to this Application, the recent result of the harmattan was to ________ the equilibrium price and ________ the equilibrium quantity of cocoa.
 
  A) increase; decrease B) decrease; increase C) increase; increase D) decrease; decrease


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

olderstudent

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


penza

  • Hero Member
  • *****
  • Posts: 1,022
Reply #2 on: Jun 30, 2018
Thank you


olderstudent

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

The strange situation. The Strange Situation features a series of episodes in which (a) the mother l The strange situation. The Strange Situation features a series of episodes in which (a) the mother l
Ben Jones, Black Face and Arm Unit. Ben Jones, Black Face and Arm Unit.
Are reality shows “real”? Does the media tell the “truth”? Are reality shows “real”? Does the media tell the “truth”?
How to use the discriminant to determine the value of k in a quadratic with one real root How to use the discriminant to determine the value of k in a quadratic with one real root
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
In ABC, A=90, b=3 cm, c=7 cm. Solve for all unknowns to the nearest tenth of a unit. In ABC, A=90, b=3 cm, c=7 cm. Solve for all unknowns to the nearest tenth of a unit.
Video: Pressure volume relationships - Normal inspiration and expiration

For a complete list of videos, visit our video library