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Author Question: The marginal revenue product of capital inputs does not provide complete information about optimal ... (Read 70 times)

notis

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  • Posts: 596
on: Jul 1, 2018
The marginal revenue product of capital inputs does not provide complete information about optimal use because capital is:
 
  A) money.
  B) not an input.
  C) an output as well as an input.
  D) durable.
  E) all of the above

Question 2

In the game in Scenario 13.4, the equilibrium outcome:
 
  A) is for both NRG and Vita to sponsor the marathon.
  B) is for both NRG and Vita to sponsor the TV show.
  C) is for NRG to sponsor the marathon and Vita to sponsor the TV show.
  D) is for NRG to sponsor the TV show and Vita to sponsor the marathon.
  E) does not exist in pure strategies.


HandsomeMarc

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  • Posts: 360
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

E


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