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Author Question: A firm's labor demand curve is also its marginal revenue product curve. For both the perfectly ... (Read 59 times)

madam-professor

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on: Jun 29, 2018
A firm's labor demand curve is also its marginal revenue product curve. For both the perfectly competitive firm and the output price maker, the labor demand curve slopes downwards.
 
  However, there is a difference in the reasons why the labor demand curve slopes downwards. What is this difference?

Question 2

Diseconomies of scale occur when
 
  A) long-run average costs fall as a firm expands its plant size.
  B) long-run labor costs rise as a firm increases its output.
  C) short-run average costs rise as a firm expands its plant size.
  D) long-run average costs rise as a firm increases its output.
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Christopher

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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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madam-professor

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

Jossy

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Reply 3 on: Yesterday
Excellent

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