[Answered] Refer to the scenario above. Pat should submit a bid of _______

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Author Question: Refer to the scenario above. Pat should submit a bid of ________. A) 200 B) 180 C) 45 D) ... (Read 14 times)

cherise1989

Hero Member
Posts: 555

on: Jun 29, 2018

Refer to the scenario above. Pat should submit a bid of ________.

A) 200
B) 180
C) 45
D) 135

Question 2

If the value of the marginal product of physical capital is 30 and the price at which the good the physical capital is used to produce is sold at 15, the marginal product of the physical capital used is:

A) 2 units.
B) 5 units.
C) 15 units.
D) 30 units.

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alexanderhamilton

Sr. Member
Posts: 334

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

A

cherise1989

Member
Posts: 555

Reply 2 on: Jun 29, 2018

Thanks for the timely response, appreciate it

Sarahjh

Member
Posts: 370

Reply 3 on: Yesterday

Excellent

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Author Question: Refer to the scenario above. Pat should submit a bid of ________. A) 200 B) 180 C) 45 D) ... (Read 14 times)

cherise1989

Refer to the scenario above. Pat should submit a bid of ________. A) 200 B) 180 C) 45 D) ...

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alexanderhamilton

Refer to the scenario above. Pat should submit a bid of ________. A) 200 B) 180 C) 45 D) ...

cherise1989

Sarahjh