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

Author Question: The short-run cost function is: a. where all inputs to the production process are variable b. ... (Read 150 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
on: Jul 1, 2018
The short-run cost function is:
 a. where all inputs to the production process are variable
  b. relevant to decisions in which one or more inputs to the production process are fixed
  c. not relevant to optimal pricing and production output decisions
  d. crucial in making optimal investment decisions in new production facilities
  e. none of the above

Question 2

In the problem of double marginalization, the resulting price is ______than if the manufacturer and the retailer were to merge
 a. Higher
 b. Lower
 c. The same
 d. None of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

livaneabi

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


mynx

  • Member
  • Posts: 555
Reply 2 on: Jul 1, 2018
Gracias!

ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

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?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

The function of the intrafusal motor neurons. The function of the intrafusal motor neurons.
Three Phases of the Tissue/Wound Repair Process. Three Phases of the Tissue/Wound Repair Process.
The Production of Cytotoxic T-lymphocytes (CTLs) The Production of Cytotoxic T-lymphocytes (CTLs)
State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below. State the transformations on the function f(x)= 4sin(x-pi)-2 and then graph two cycles below.
Sketch the graph of each function using transformations. State the domain and range. Sketch the graph of each function using transformations. State the domain and range.
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Types of synapses - electrical & chemical

For a complete list of videos, visit our video library