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

Author Question: When a large amount of output is produced per unit of the input, the input is said to exhibit (Read 68 times)

LaDunn

  • Hero Member
  • *****
  • Posts: 526
on: Apr 19, 2019

Question 1

A decrease in the wage rate will change


◦ only the amount of labor hired.
◦ the amount of labor employed, and it may also change the amount of other inputs employed.
◦ the price the firm charges for the product, but it will not affect the demand for any of the inputs.
◦ the firm's profit-maximizing level output, but not its usage of inputs.

Question 2

When a large amount of output is produced per unit of the input, the input is said to exhibit


◦ high productivity.
◦ low productivity.
◦ marginal productivity.
◦ derived productivity.
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 LaDunn on Apr 19, 2019

TDubDCFL

  • Sr. Member
  • ****
  • Posts: 357
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 39% of students answer this correctly


LaDunn

  • Hero Member
  • *****
  • Posts: 526
Reply #2 on: Apr 19, 2019
Thanks


TDubDCFL

  • Sr. Member
  • ****
  • Posts: 357
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

The Red-bearded Bee-eater Nyctyornis amictus is a large species of bee-eater found in the Indo-Malay The Red-bearded Bee-eater Nyctyornis amictus is a large species of bee-eater found in the Indo-Malay
Large-Flowered Leafcup Large-Flowered Leafcup
What type of errors are these: calling only large dogs a dog and calling a dog a kitty? What type of errors are these: calling only large dogs a dog and calling a dog a kitty?
Schematic Diagram of Agitation Apparatus and other equipment (CHE415 Unit Operations) Schematic Diagram of Agitation Apparatus and other equipment (CHE415 Unit Operations)
Flow Patterns and Large-Scale Weather: The Steering of Midlatitude Cyclones Flow Patterns and Large-Scale Weather: The Steering of Midlatitude Cyclones
Preserve Your Vitamins! Cook your vegetables in a small amount of water Preserve Your Vitamins! Cook your vegetables in a small amount of water
Video: Regulation of GFR: autoregulation via myogenic mechanism Myogenic mechanism

For a complete list of videos, visit our video library