This topic contains a solution. Click here to go to the answer

Author Question: If a firm is experiencing diminishing marginal returns, its marginal product is declining. a. True ... (Read 39 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
If a firm is experiencing diminishing marginal returns, its marginal product is declining.
 a. True
  b. False

Question 2

If a firm is experiencing diminishing marginal returns, its marginal product is negative.
 a. True
  b. False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

A

Answer to Question 2

B




stevenposner

  • Member
  • Posts: 608
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

For a complete list of videos, visit our video library