Author Question: As output increases, marginal cost will eventually A) increase because of the law of increasing ... (Read 62 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
As output increases, marginal cost will eventually
 
  A) increase because of the law of increasing returns.
  B) increase because of the law of diminishing returns.
  C) decrease because of the law of diminishing returns.
  D) decrease because of the law of increasing returns.

Question 2

In the figure above, income is most unequally distributed
 
  A) in Country A.
  B) in Country B.
  C) in Country C.
  D) in one of the nations, but without more information, it is not possible to determine in which country income is distributed most unequally.



Benayers

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

For a complete list of videos, visit our video library