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Author Question: If the slope of the per-worker production function is 1/4 in a given range, how will a 10,000 ... (Read 46 times)

cookcarl

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on: Jun 29, 2018
If the slope of the per-worker production function is 1/4 in a given range, how will a 10,000 increase in capital per hour worked affect real GDP per hour worked in the same given range?
 
  A) Real GDP per hour worked will increase by 10,000.
  B) Real GDP per hour worked will decrease by 40.000.
  C) Real GDP per hour worked will increase by 40,000.
  D) Real GDP per hour worked will increase by 2,500.

Question 2

If price discrimination occurs in a market
 
  A) consumers whose demand for the product sold is more elastic pay higher prices than consumers whose demand is less elastic.
  B) the firm earns arbitrage profits.
  C) the marginal cost of production is constant.
  D) the law of one price does not hold.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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TheNamesImani

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Reply #1 on: Jun 29, 2018
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.
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cookcarl

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Reply #2 on: Jun 29, 2018
Thank you


TheNamesImani

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Reply #3 on: Jun 29, 2018
No problemo


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