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

Author Question: The return to any factor of production that is in fixed supply is called (Read 34 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
on: Apr 19, 2019

Question 1

If the marginal revenue product of land is less than its price, a firm should


◦ use more land.
◦ use less land.
◦ try to increase the productivity of land.
◦ increase the price it is willing to pay for land.

Question 2

The return to any factor of production that is in fixed supply is called


◦ marginal product.
◦ demand.
◦ economic profit.
◦ pure rent.
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 anjilletteb on Apr 19, 2019

tennis14576

  • Sr. Member
  • ****
  • Posts: 334
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 29% of students answer this correctly


anjilletteb

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: Apr 19, 2019
TY


tennis14576

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Pair Production and Annihilation Pair Production and Annihilation
Microlith production. Microlith production.
Detonation is a secondary ignition of the air–fuel mixture. It is also called spark knock or ... Detonation is a secondary ignition of the air–fuel mixture. It is also called spark knock or ...
How to factor a trinomial using trail-and-error How to factor a trinomial using trail-and-error
Risk factor for children age 2 to 3 Risk factor for children age 2 to 3
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Video: Mendel's Pea Experiment

For a complete list of videos, visit our video library