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

Author Question: When a large amount of output is produced per unit of the input, the input is said to exhibit (Read 113 times)

LaDunn

  • Hero Member
  • *****
  • Posts: 526
on: Apr 19, 2019

Question 1

A decrease in the wage rate will change


◦ only the amount of labor hired.
◦ the amount of labor employed, and it may also change the amount of other inputs employed.
◦ the price the firm charges for the product, but it will not affect the demand for any of the inputs.
◦ the firm's profit-maximizing level output, but not its usage of inputs.

Question 2

When a large amount of output is produced per unit of the input, the input is said to exhibit


◦ high productivity.
◦ low productivity.
◦ marginal productivity.
◦ derived productivity.
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 LaDunn on Apr 19, 2019

TDubDCFL

  • Sr. Member
  • ****
  • Posts: 357
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 39% of students answer this correctly


LaDunn

  • Hero Member
  • *****
  • Posts: 526
Reply #2 on: Apr 19, 2019
Thanks


TDubDCFL

  • Sr. Member
  • ****
  • Posts: 357
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

The large orb web of Araneus diadematus (European garden spider). The large orb web of Araneus diadematus (European garden spider).
The energy input and output of glycolysis. The energy input and output of glycolysis.
China's proposed supercollider plans to be twice the size of the Large Hadron Co China's proposed supercollider plans to be twice the size of the Large Hadron Co
Frederick Douglass, having escaped from slavery in 1836, attracted large audiences as an antislavery Frederick Douglass, having escaped from slavery in 1836, attracted large audiences as an antislavery
How Orbital Eccentricity Changes the Amount of Solar Radiation Earth Receives How Orbital Eccentricity Changes the Amount of Solar Radiation Earth Receives
Calculate the amount of interest that will be charged on $9000.00 borrowed for four months at ... Calculate the amount of interest that will be charged on $9000.00 borrowed for four months at ...
Video: Segmentation and migrating motility complexes & Gastroileal reflex

For a complete list of videos, visit our video library