« previous next »

Author Question: That Table 8.1 shows a short-run situation is evident from A) the linear marginal revenue ... (Read 30 times)

swpotter12

  • Hero Member
  • *****
  • Posts: 527
on: Jul 1, 2018
That Table 8.1 shows a short-run situation is evident from
 
  A) the linear marginal revenue function.
  B) the constant price.
  C) the increasing marginal cost.
  D) the presence of positive costs at Q = 0.
  E) the absence of marginal values at Q = 0.

Question 2

The function which shows combinations of inputs that yield the same output is called a(n)
 
  A) isoquant curve.
  B) isocost curve.
  C) production function.
  D) production possibilities frontier.


heinisk01

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

The Seringapatam medal shows a lion defeating a tiger The Seringapatam medal shows a lion defeating a tiger
CT scan of the head shows a massive bleed with a midline shift. CT scan of the head shows a massive bleed with a midline shift.
How to graph line equations without a table of values How to graph line equations without a table of values
Layers of sheets and towels on the table for a body wrap. Layers of sheets and towels on the table for a body wrap.
The periodic table of the elements The periodic table of the elements
Monitoring shows that many forms of air pollution have decreased Monitoring shows that many forms of air pollution have decreased
Video: Interview with an Anorexic Woman (Part 2 of 2)

For a complete list of videos, visit our video library