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

Author Question: Isoquants are downward sloping because (Read 21 times)

james

  • Hero Member
  • *****
  • Posts: 573
on: Apr 19, 2019

Question 1

Refer to the information provided in Figure 7.7 below to answer the question(s) that follow. 









Refer to Figure 7.7 above. If Roller Skates Unlimited moves from isoquant 
B to isoquant 
A, the number of roller skates produced


◦ decreases.
◦ increases.
◦ remains constant, but Roller Skates Unlimited uses more capital and more labor.
◦ remains constant, but input prices have risen.

Question 2

Isoquants are downward sloping because


◦ as more units of an input are used to produce a product, total cost increases.
◦ as more units of an input are used to produce a product, the firm's marginal productivity increases.
◦ if more of one input is used, then less of the other input must be used to keep output constant.
◦ Both as more units of an input are used to produce a product, the firm's marginal productivity increases and if more of one input is used, then less of the other input must be used to keep output constant
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by james on Apr 19, 2019

zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


james

  • Member
  • Posts: 573
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Pronation and Supination Pronation–Lying prone (face downward); also turning the palm downward. Supi Pronation and Supination Pronation–Lying prone (face downward); also turning the palm downward. Supi
The downward movement of the piston draws the air–fuel mixture into the cylinder through the ... The downward movement of the piston draws the air–fuel mixture into the cylinder through the ...
Downward movement of the piston lowers the air pressure inside the combustion chamber. The pressure ... Downward movement of the piston lowers the air pressure inside the combustion chamber. The pressure ...
A downward-sloping spark line usually indicates high secondary ignition system resistance or an ... A downward-sloping spark line usually indicates high secondary ignition system resistance or an ...
Cat paw mobilizing of shoulders toward the feet. Press downward along upper trapezius muscle from ... Cat paw mobilizing of shoulders toward the feet. Press downward along upper trapezius muscle from ...
Downward Spiral of Poverty and Hunger Lack of food can lead to numerous other symptoms Downward Spiral of Poverty and Hunger Lack of food can lead to numerous other symptoms
Video: Nucleic acid digestion -small intestine

For a complete list of videos, visit our video library