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Author Question: Tournaments are used to identify the most productive person or the best player. Indicate whether ... (Read 53 times)

stevenposner

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on: Jun 30, 2018
Tournaments are used to identify the most productive person or the best player.
  Indicate whether the statement is true or false

Question 2

If the demand for softballs increases, one could expect the demand for leather to increase. This is due to the
 a. principle of diminishing marginal product.
 b. change in the opportunity cost of producing a softball.
  c. reduction in the cost of producing softballs.
 d. demand for an input being a derived demand.


briezy

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

True

Answer to Question 2

d


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