Author Question: In the short run, the point at which diminishing marginal returns to labor begin is the point at ... (Read 101 times)

APUS57 · **on:** Jul 1, 2018

In the short run, the point at which diminishing marginal returns to labor begin is the point at which the marginal cost curve

A) peaks.
B) bottoms out.
C) is upward sloping.
D) is downward sloping.

Question 2

An initial allocation of goods is called a(n)

A) endowment.
B) inheritance.
C) pareto set.
D) general-equilibrium goods set.