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

Author Question: A firm's labor demand curve is also its marginal revenue product curve. For both the perfectly ... (Read 133 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
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.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Christopher

  • Sr. Member
  • ****
  • Posts: 316
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.
Answer Preview
Only 25% of students answer this correctly


madam-professor

  • Member
  • Posts: 584
Reply 2 on: Jun 29, 2018
Gracias!

Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Four Arch Curve Four Arch Curve
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
The hazmat training pyramid. It is important to train from the ground up, starting with a firm grasp ... The hazmat training pyramid. It is important to train from the ground up, starting with a firm grasp ...
Growth in the demand for oil from the developing world Growth in the demand for oil from the developing world
Importance of Considering Gestalt Principles in Product Design Importance of Considering Gestalt Principles in Product Design
Typical bacterial population growth curve showing the initial lag phase Typical bacterial population growth curve showing the initial lag phase
Video: Monohybrid crosses

For a complete list of videos, visit our video library