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

Author Question: Refer to Table 11-1. Diminishing marginal returns sets in when the ________ worker is hired. A) ... (Read 66 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
on: Jun 29, 2018
Refer to Table 11-1. Diminishing marginal returns sets in when the ________ worker is hired.
 
  A) 2nd
  B) 3rd
  C) 4th
  D) None of the above; the production function displays increasing marginal returns.

Question 2

If the market price is 40, the average revenue of selling five units is
 
  A) 8. B) 20. C) 40. D) 200.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

parshano

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Bernana

  • Member
  • Posts: 530
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

dyrone

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Periodic Table Periodic Table
Frank Lloyd Wright, Table lamp, executed for the Linden Glass Co. for the Susan Lawrence Dana ... Frank Lloyd Wright, Table lamp, executed for the Linden Glass Co. for the Susan Lawrence Dana ...
Use a step stool to help an infirm client get on and off the table. Use a step stool to help an infirm client get on and off the table.
An organizational specialist is hired as a consultant to a company planning to open a coffee ... An organizational specialist is hired as a consultant to a company planning to open a coffee ...
An organizational specialist is hired as a consultant to a company planning to open a coffee ... An organizational specialist is hired as a consultant to a company planning to open a coffee ...
table table
Video: Corpus Callosum Animation

For a complete list of videos, visit our video library