Author Question: The shape of the costs curves may be traced back to A) the law of diminishing marginal utility. B) ... (Read 27 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
The shape of the costs curves may be traced back to
 A) the law of diminishing marginal utility.
  B) the difference between the short run and the long run.
  C) the law of diminishing marginal returns.
  D) the fact that all production occurs in the long run.

Question 2

An empty core is more likely if the individuals in a group own highly complementary resources.
  Indicate whether the statement is true or false



memslove

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

C

Answer to Question 2

F



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

For a complete list of videos, visit our video library