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

Author Question: Consider a firm's short-run cost curves. When capital is a fixed factor, a rise in the cost of labour (Read 53 times)

lrhoads

  • Full Member
  • ***
  • Posts: 158
on: Oct 12, 2022

Question 1

Consider a firm's short-run cost curves. If the firm's marginal cost is rising, we know that
◦ average variable cost must be rising.
◦ marginal product must be falling.
◦ marginal product must be zero.
◦ average total cost must be rising.
◦ average fixed cost must be rising.

Question 2

Consider a firm's short-run cost curves. When capital is a fixed factor, a rise in the cost of labour
◦ shifts the AVC curve down.
◦ leaves the ATC curve unchanged.
◦ leaves the MC curve unchanged.
◦ shifts the marginal cost curve upwards.
◦ shifts the total product curve downwards.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by lrhoads on Oct 12, 2022

mamboz

  • Full Member
  • Posts: 170
Reply #1 on: Oct 12, 2022
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 35% of students answer this correctly


lrhoads

  • Member
  • Posts: 158
Reply 2 on: Oct 12, 2022
Wow, this really help

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

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?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Cellular changes associated with short-term and long-term memory in the sea slug. Cellular changes associated with short-term and long-term memory in the sea slug.
The characteristically small and relatively short-legged reindeer from Svalbard The characteristically small and relatively short-legged reindeer from Svalbard
RH Factor in Pregnancy RH Factor in Pregnancy
Greet a First-Time Client With a Firm Handshake. Greet a First-Time Client With a Firm Handshake.
Binding site variation for transcription factor CEBPA along gene PCK1 as determined by ChIP Binding site variation for transcription factor CEBPA along gene PCK1 as determined by ChIP
Sample lod score curves Sample lod score curves
Video: EpiPen Animation (Part 1)

For a complete list of videos, visit our video library