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

Author Question: The marginal product of a variable input is best described as (Read 71 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
on: May 25, 2020

Question 1

Occupational immobility is NOT caused by
◦ low educational attainment.
◦ national wage negotiations.
◦ fear of the unknown.
◦ poor training facilities.

Question 2

The marginal product of a variable input is best described as
◦ total product divided by the number of units of variable input.
◦ the additional output resulting from a one unit increase in the variable input.
◦ the ratio of the amount of the variable input that is being used to the amount of the fixed input that is being used.
◦ the additional output resulting from a one unit increase in both the variable and fixed inputs.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bclement10 on May 25, 2020

chloejackso

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: May 25, 2020
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


bclement10

  • Member
  • Posts: 560
Reply 2 on: May 25, 2020
Wow, this really help

DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

The human body produces and destroys 15 million blood cells every second.

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?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Variable Gases: Water Vapor Variable Gases: Water Vapor
Generation of diversity by variable V-J joining mechanisms Generation of diversity by variable V-J joining mechanisms
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product
Importance of Considering Gestalt Principles in Product Design (1 of 2) Importance of Considering Gestalt Principles in Product Design (1 of 2)
Excel hardware is introducing a new product on a new product line of capacity 800 units per ... Excel hardware is introducing a new product on a new product line of capacity 800 units per ...
Variable expressivity as shown in flies homozygous for the eyeless mutation in Drosophila Variable expressivity as shown in flies homozygous for the eyeless mutation in Drosophila
Video: Central Nervous System Animation

For a complete list of videos, visit our video library