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Author Question: The principle of diminishing returns implies that as one input increases while the other inputs are ... (Read 65 times)

futuristic

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on: Jun 30, 2018
The principle of diminishing returns implies that as one input increases while the other inputs are held fixed, output
 
  A) increases at an increasing rate. B) decreases at a decreasing rate.
  C) increases at a decreasing rate. D) decreases at an increasing rate.

Question 2

Which of the following equations is true of a profit-maximizing firm?
 
  A) Wage = value of worker's marginal product B) Wage = worker's marginal product
  C) Wage = worker's total product D) Wage = average product of all workers
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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todom5090

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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futuristic

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

fatboyy09

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Reply 3 on: Yesterday
Wow, this really help

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