« previous next »

Author Question: Which of the following is true of an intermediate good? a. It is of no value to the seller. b. It ... (Read 28 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
Which of the following is true of an intermediate good?
 a. It is of no value to the seller.
 b. It is of no value to the buyer.
 c. It is purchased for household production.
  d. It helps produce another good.
 e. It is sold at a discounted price by firms.

Question 2

If the wage rate is fixed at a certain level, the:
 a. total wage cost curve is horizontal.
  b. total wage cost curve is a straight upward sloping line.
  c. MP must be constant.
  d. total wage cost curve will increase at an increasing rate.
  e. total wage cost curve will increase at a decreasing rate.


yeungji

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Zulu123

  • Hero Member
  • *****
  • Posts: 525
Reply #2 on: Jun 30, 2018
Thank you


yeungji

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

good to eat good to eat
True Friendship True Friendship
Monopoly, patented in 1935, was an instant best-seller: Players risk all their assets in an attempt Monopoly, patented in 1935, was an instant best-seller: Players risk all their assets in an attempt
Are good deeds selfish? Are good deeds selfish?
Gestalt Law of Good Continuation Gestalt Law of Good Continuation
Intermediate Accounting (Gordon/Raedy/Sannella) Intermediate Accounting (Gordon/Raedy/Sannella)
Video: Cognitive development by Piaget (Preoperational stage or intelligence)

For a complete list of videos, visit our video library