Author Question: A firm's isoquant shows: a. the amount of labor needed to produce a given level of output with ... (Read 86 times)

serike

  • Hero Member
  • *****
  • Posts: 542
A firm's isoquant shows:
 a. the amount of labor needed to produce a given level of output with capital held constant.
  b. the amount of capital needed to produce a given level of output with labor held constant.
  c. the various combinations of capital and labor that will produce a given amount of output.
  d. none of the above.

Question 2

Credibility in threats and commitments in sequential games is based on
 a. randomizing one's actions so they are unpredictable
  b. explicit communications with competitors
  c. effective scenario planning
  d. analyzing best reply responses
  e. none of the above



joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
Answer to Question 1

c

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

For a complete list of videos, visit our video library