« previous next »

Author Question: A single-price monopolist determines A) its output but not its price. B) its price but not its ... (Read 99 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
on: Jun 29, 2018
A single-price monopolist determines
 
  A) its output but not its price.
  B) its price but not its output.
  C) both its output and its price.
  D) neither its output nor its price.

Question 2

If a firm's marginal product of labor is greater than its average product of labor, then an increase in the quantity of labor it employs definitely
 
  A) increases its total product.
  B) increases its marginal product of labor.
  C) decreases its average product of labor.
  D) does not change its average product of labor.


lindahyatt42

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

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

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Environmental influences on the expression of PKU within a single family Environmental influences on the expression of PKU within a single family
Donor DNA is transferred as a single strand Donor DNA is transferred as a single strand
Vasectomy. (a) Vas deferens is located within the spermatic cord on both sides. (b) A small incision Vasectomy. (a) Vas deferens is located within the spermatic cord on both sides. (b) A small incision
EEG and Single-Cell Activity EEG and Single-Cell Activity
A single overhead camshaft engine with a timing belt that also rotates the water pump. A single overhead camshaft engine with a timing belt that also rotates the water pump.
Inferring Productivity from Data on Output and Factor Accumulation Inferring Productivity from Data on Output and Factor Accumulation
Video: Oral Hygiene & Braces Animation

For a complete list of videos, visit our video library