This topic contains a solution. Click here to go to the answer

Author Question: A firm estimates that when output is 10, its total costs are 900 . It also finds that when output is ... (Read 22 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
A firm estimates that when output is 10, its total costs are 900 . It also finds that when output is 11, its total costs are 920 . The marginal cost of the eleventh unit of output is:
 a. 1.
  b. 20.
  c. 90.
  d. 900.
  e. 920.

Question 2

In combating stagflation, a government-induced:
 a. increase in aggregate demand would help reduce inflation but aggravate unemployment.
  b. decrease in aggregate demand would help reduce unemployment but aggravate inflation.
  c. increase in aggregate demand would help reduce unemployment but aggravate inflation.
  d. decrease in aggregate demand would help reduce both unemployment and inflation.
  e. increase in aggregate demand would help reduce both unemployment and inflation.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ally

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

b

Answer to Question 2

c




Zulu123

  • Member
  • Posts: 525
Reply 2 on: Jun 30, 2018
:D TYSM


nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

For a complete list of videos, visit our video library