This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Marginal product measures the change in: a. total cost brought about by changing production by one ... (Read 116 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
on: Jun 30, 2018
Marginal product measures the change in:
 a. total cost brought about by changing production by one unit.
  b. product price brought about by changing production by one unit.
  c. a firm's revenue brought about by changing production by one unit.
  d. the firm's output brought about by employing one additional unit of input.
  e. the firm's profit brought about by employing one more input.

Question 2

Which of these is a lagging economic indicator?
 a. The unemployment rate
 b. Personal income
 c. Industrial production
 d. Total employment
 e. Fluctuations in stock prices


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bimper21

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


faduma

  • Member
  • Posts: 528
Reply 2 on: Jun 30, 2018
Gracias!

ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Cost Savings with an EHR System Cost Savings with an EHR System
Human of the planet's net primary production and appropriation of NPP Human of the planet's net primary production and appropriation of NPP
Radiative forcing expresses change in energy input over time Radiative forcing expresses change in energy input over time
Ancient Climate Change Ancient Climate Change
As the world’s population continues to grow, demands on limited resources for food production As the world’s population continues to grow, demands on limited resources for food production
Use the product rule to find derivative Use the product rule to find derivative
Video: Electrical changes in the heart

For a complete list of videos, visit our video library