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Author Question: In the short run, if a firm's total product is increasing: a. its marginal product must be ... (Read 39 times)

Mr3Hunna

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on: Jun 30, 2018
In the short run, if a firm's total product is increasing:
 a. its marginal product must be increasing.
 b. its marginal product must be positive.
 c. its marginal product could be increasing or decreasing.
  d. both b. and c. are true.

Question 2

A decline in the interest rate will lead to an increase in the price of capital, supply of capital remaining constant.
 a. True
  b. False
  Indicate whether the statement is true or false


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helenmarkerine

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


Mr3Hunna

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

carlsona147

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Reply 3 on: Yesterday
Excellent

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