This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Higher input prices result in A) upward shifts of MC and reductions in output. B) upward shifts ... (Read 168 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
on: Jul 1, 2018
Higher input prices result in
 
  A) upward shifts of MC and reductions in output.
  B) upward shifts of MC and increases in output.
  C) downward shifts of MC and reductions in output.
  D) downward shifts of MC and increases in output.
  E) increased demand for the good the input is used for.

Question 2

Which of the following examples represents a fixed-proportion production system with capital and labor inputs?
 
  A) Clerical staff and computers
  B) Airplanes and pilots
  C) Horse-drawn carriages and carriage drivers
  D) all of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aidanmbrowne

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

D


crobinson2013

  • Member
  • Posts: 535
Reply 2 on: Jul 1, 2018
Excellent

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Septa divide hyphae of higher fungi into compartments. Septa divide hyphae of higher fungi into compartments.
Roots of the keystone species hypothesis: does a higher proportion of predators in diverse communiti Roots of the keystone species hypothesis: does a higher proportion of predators in diverse communiti
The light produced by fireflies is the result of a reaction The light produced by fireflies is the result of a reaction
Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ... Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ...
result of DGUC result of DGUC
Production of prototrophs as a result of genetic recombination Production of prototrophs as a result of genetic recombination
Video: Nucleic acid digestion - brush border enzymes, end products & transport mechanism

For a complete list of videos, visit our video library