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Author Question: A firm will purchase additional units of a resource as long as each unit's a. marginal revenue ... (Read 112 times)

Mimi

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on: Jun 30, 2018
A firm will purchase additional units of a resource as long as each unit's
 a. marginal revenue product is greater than zero
  b. marginal revenue product equals the product price
  c. marginal revenue product is greater than or equal to its marginal resource cost
  d. marginal revenue product is less than its marginal resource cost
  e. total revenue product is greater than its marginal resource cost

Question 2

Which of the following did not help account for the recent decline in the growth of trash-to-energy plants?
 a. a decline in energy prices
  b. less favorable tax treatment
  c. a decline in the amount of garbage per capita
  d. the 1986 tax reform act
  e. environmental concerns over sites for the plants


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ricroger

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

C

Answer to Question 2

C


Mimi

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

robbielu01

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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