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

Author Question: One worker produces 10 rocking chairs. If diminishing returns have already set in, a firm will need ... (Read 45 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
on: Apr 19, 2019

Question 1

If the first worker produces ten custom picture frames a day, and the second worker produces twelve additional custom picture frames a day, then diminishing marginal returns have not yet set in.


◦ true
◦ false

Question 2

One worker produces 10 rocking chairs. If diminishing returns have already set in, a firm will need to hire more than two workers to produce 20 rocking chairs.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by folubunmi on Apr 19, 2019

mcomstock09

  • Sr. Member
  • ****
  • Posts: 377
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly


folubunmi

  • Member
  • Posts: 524
Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Your heart beats over 36 million times a year.

Mixing bacterial genotypes produces rare recombinants Mixing bacterial genotypes produces rare recombinants
How is this worker trying to avoid becoming a depersonalized unit in a bureaucratic-economic ... How is this worker trying to avoid becoming a depersonalized unit in a bureaucratic-economic ...
Firm handshake Firm handshake
Predicted versus Actual GDP per Worker Predicted versus Actual GDP per Worker
Possible Sources of Differences in Output per Worker Possible Sources of Differences in Output per Worker
Management Information Systems: Managing the Digital Firm, 15th Edition Management Information Systems: Managing the Digital Firm, 15th Edition
Video: Embryonic development - week 1 and 2

For a complete list of videos, visit our video library