This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The greater the curvature of the isoquant: a. the greater the degree of substitutability between ... (Read 61 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
The greater the curvature of the isoquant:
 a. the greater the degree of substitutability between the inputs.
  b. the lower the possibility of substitution between inputs.
  c. the higher the impact of a change in relative prices of inputs.
  d. the lower the prices of inputs.

Question 2

For which of the following types of firm does the average revenue curve coincide with the marginal revenue curve?
 a. A monopolist
  b. An oligopoly firm
  c. A monopolistically competitive firm
  d. A perfectly competitive firm
  e. A monopsonist


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

d


c0205847

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Cross-sectional data showing that the amount of effort spent on personal health care increases with Cross-sectional data showing that the amount of effort spent on personal health care increases with
Third-degree heart block. Third-degree heart block.
Cylinder 1 slit signals the computer the piston position for cylinder 1. The 1-degree slits provide ... Cylinder 1 slit signals the computer the piston position for cylinder 1. The 1-degree slits provide ...
Pacific Decadal Oscillation: Temperature in degree Celsius Pacific Decadal Oscillation: Temperature in degree Celsius
Two complementary angles are drawn such that one angle is 10 degree more than seven times the ... Two complementary angles are drawn such that one angle is 10 degree more than seven times the ...
Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra. Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra.
Video: Predator- prey competition and symbiosis

For a complete list of videos, visit our video library