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Author Question: Suppose that an increase in capital per hour worked from 15,000 to 20,000 increases real GDP per ... (Read 47 times)

rl

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Suppose that an increase in capital per hour worked from 15,000 to 20,000 increases real GDP per hour worked by 500.
 
  If capital per hour worked increases further to 25,000, by how much would you expect real GDP per hour worked to increase if there are diminishing returns?
  A) by less than 500 B) by more than 500 but less than 5,000
  C) by exactly 500 D) by more than 5,000 but less than 20,000

Question 2

Which of the following can a firm use to defend a successful product's brand name?
 
  A) The firm can apply for a trademark to ban other firms from using the product's name.
  B) The firm can increase the amount it spends on advertising for the product.
  C) The firm can obtain a patent on the brand name.
  D) The firm can attempt to copyright the brand name.


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wuly

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rl

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


parshano

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Reply 3 on: Yesterday
Excellent

 

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