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 58 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
:D TYSM

bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

A fixed action pattern elicited by a sign stimulus. A fixed action pattern elicited by a sign stimulus.
Tuning Curves Tuning Curves
Fixed bed state (i) and complete fluidization (ii) Fixed bed state (i) and complete fluidization (ii)
Typical pattern of the stages of labour for first births and subsequent births Typical pattern of the stages of labour for first births and subsequent births
Conversion of F+ to an Hfr state occurs by integration of the F factor Conversion of F+ to an Hfr state occurs by integration of the F factor
Video: Muscular Dystrophy

For a complete list of videos, visit our video library