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 144 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?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

The organization of mRNA as a translational unit The organization of mRNA as a translational unit
Hypothyroidism. Hyposecretion of the thyroid gland produces the symptoms that are illustrated. Hypothyroidism. Hyposecretion of the thyroid gland produces the symptoms that are illustrated.
This unit is applying smoke to the fuel tank through an adapter and the leak was easily found to be ... This unit is applying smoke to the fuel tank through an adapter and the leak was easily found to be ...
Insulin Syringes: 100 Unit (A), 50 Unit (B), and 30 Unit (C) Insulin Syringes: 100 Unit (A), 50 Unit (B), and 30 Unit (C)
Flowchart illustrating how genetic information encoded in DNA produces protein Flowchart illustrating how genetic information encoded in DNA produces protein
Number line (real numbers) Number line (real numbers)
Video: Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library