In a two-person exchange, if the price offered to the seller is less than the opportunity cost of production, the exchange will not take place.
Indicate whether the statement is true or false
Question 2
If labor is the only variable input, an increase in the quantity of labor:
a. does not have any effect on the quantity of output.
b. causes the output to increase initially at a diminishing rate and then at an increasing rate.
c. causes the output to increase at a constant rate till the last worker is hired.
d. causes the output to increase initially at an increasing rate and then at a decreasing rate.
e. causes the output to decrease at a constant rate till the last worker is hired.
Visualization of heat exchange in an ectotherm and an endotherm.
Cellular section from the brain of a person who died from Alzheimer's disease.
A tamed cheetah offered as tribute to the King of Thebes (1700 B.C.)
Alan Price - Poor People
Monopoly, patented in 1935, was an instant best-seller: Players risk all their assets in an attempt
Same pair of homologs, but with an exchange occurring between two nonsister chromatids