« 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 104 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?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

The human body produces and destroys 15 million blood cells every second.

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.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Apparent and True Orbits of Alpha Centauri. Apparent and True Orbits of Alpha Centauri.
What makes tea so good What makes tea so good
Sample Exercise Prescription for Weight Training: Intermediate Sample Exercise Prescription for Weight Training: Intermediate
Rice noodles are a good gluten-free substitute for pasta Rice noodles are a good gluten-free substitute for pasta
Intermediate Accounting (Gordon/Raedy/Sannella) Intermediate Accounting (Gordon/Raedy/Sannella)
Video: The Lac Operon in E. Coli

For a complete list of videos, visit our video library