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

Author Question: Diminishing marginal returns implies that firms: (Read 43 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
on: Jul 20, 2019
Diminishing marginal returns implies that firms:
◦ get decreasing amounts of revenue for each unit of output they produce.
◦ require more and more workers to produce each additional unit of output.
◦ get increasing amounts of revenue for each unit of output they produce.
◦ require fewer and fewer workers to produce each additional unit of output.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Beheh on Jul 20, 2019

LP

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jul 20, 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 45% of students answer this correctly


Beheh

  • Hero Member
  • *****
  • Posts: 520
Reply #2 on: Jul 20, 2019
Thank you!


LP

  • Sr. Member
  • ****
  • Posts: 302
Reply #3 on: Jul 20, 2019
Always glad to help...


« previous next »
 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Diminishing and disappearing populations. Diminishing and disappearing populations.
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
The diminishing effects on body weight of a low-calorie diet and a high-calorie diet. The diminishing effects on body weight of a low-calorie diet and a high-calorie diet.
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Economic objectives of firms Economic objectives of firms
Competitive firms and maximization Competitive firms and maximization
Video: Otitis Media

For a complete list of videos, visit our video library