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

Author Question: The shape of marginal cost is determined by A) the shape of average cost. B) the shape of marginal ... (Read 90 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
The shape of marginal cost is determined by
 A) the shape of average cost.
  B) the shape of marginal product.
  C) the shape of total variable cost.
  D) all of these choices.

Question 2

Alex's production is worth 60, Harry's is worth 40, Rob's is worth 40, and Julia's is worth 55 . They decide to combine their resources and produce together. For this to be a superadditive game, which of the following conditions must hold?
 a. They should be able to produce more in groups of two than what they can produce together.
  b. Their combined production must exceed the total they can individually produce.
  c. Their resources must be perfect substitutes.
  d. Their resources must be perfect complements.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sailorcrescent

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


asan beg

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 30, 2018
Thank you


sailorcrescent

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Superior view of heart valves illustrating position, size, and shape of each valve. Superior view of heart valves illustrating position, size, and shape of each valve.
The effect of a double bond on the shape of fatty acids The effect of a double bond on the shape of fatty acids
Aggregated red-cell clusters have a streamlined shape, leading to further viscos Aggregated red-cell clusters have a streamlined shape, leading to further viscos
The cranium of a young infant changes dramatically in shape with age. Initially the child has severa The cranium of a young infant changes dramatically in shape with age. Initially the child has severa
This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
Protein Needs Are Determined by Nitrogen Balance in Your Body Protein Needs Are Determined by Nitrogen Balance in Your Body
Video: Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library