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Author Question: The formula for optimal employment of two resources, x and y, is a. MPx - MPy b. MRPx = MRPy c. ... (Read 42 times)

swpotter12

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on: Jun 30, 2018
The formula for optimal employment of two resources, x and y, is
 a. MPx - MPy
  b. MRPx = MRPy
  c. MPx  Px = MPy  Py
  d. MRCx = MRCy
  e. MRPx/MRCx = MRPy/MRCy = 1

Question 2

In a market economy, household income is determined primarily by
 a. the age of the head of household
  b. the gender of the head of household
  c. luck
  d. the productivity of labor resources
  e. government transfer payments


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sultana.d

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

D


swpotter12

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  • Posts: 527
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Dominic

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Reply 3 on: Yesterday
Wow, this really help

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