This topic contains a solution. Click here to go to the answer

Author Question: When the marginal product curve is downward sloping, the average product curve A) must also be ... (Read 104 times)

Hungry!

  • Hero Member
  • *****
  • Posts: 1,071
When the marginal product curve is downward sloping, the average product curve
 
  A) must also be downward sloping.
  B) might be either upward or downward sloping.
  C) must be upward sloping.
  D) must be horizontal.

Question 2

Goods that are nonrival and nonexcludable are called
 
  A) external goods.
  B) public goods.
  C) private goods.
  D) free goods.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Amiracle

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

B

Answer to Question 2

B




Amiracle

  • Sr. Member
  • ****
  • Posts: 334

 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

For a complete list of videos, visit our video library