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Author Question: In the short run, if a firm's total product is increasing: a. its marginal product must be ... (Read 26 times)

Mr3Hunna

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In the short run, if a firm's total product is increasing:
 a. its marginal product must be increasing.
 b. its marginal product must be positive.
 c. its marginal product could be increasing or decreasing.
  d. both b. and c. are true.

Question 2

A decline in the interest rate will lead to an increase in the price of capital, supply of capital remaining constant.
 a. True
  b. False
  Indicate whether the statement is true or false



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helenmarkerine

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Answer to Question 1

d

Answer to Question 2

True




Mr3Hunna

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


nathang24

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Reply 3 on: Yesterday
Gracias!

 

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