Author Question: The marginal revenue product of capital inputs does not provide complete information about optimal ... (Read 36 times)

notis

  • Hero Member
  • *****
  • Posts: 596
The marginal revenue product of capital inputs does not provide complete information about optimal use because capital is:
 
  A) money.
  B) not an input.
  C) an output as well as an input.
  D) durable.
  E) all of the above

Question 2

In the game in Scenario 13.4, the equilibrium outcome:
 
  A) is for both NRG and Vita to sponsor the marathon.
  B) is for both NRG and Vita to sponsor the TV show.
  C) is for NRG to sponsor the marathon and Vita to sponsor the TV show.
  D) is for NRG to sponsor the TV show and Vita to sponsor the marathon.
  E) does not exist in pure strategies.



HandsomeMarc

  • Sr. Member
  • ****
  • Posts: 360
Answer to Question 1

D

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

For a complete list of videos, visit our video library