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

Author Question: The shape of the marginal revenue product curve for a perfectly competitive firm would be ________ ... (Read 70 times)

trevg

  • Full Member
  • ***
  • Posts: 160
on: Oct 12, 2022
The shape of the marginal revenue product curve for a perfectly competitive firm would be ________ its marginal product curve because ________.
◦ the same as; MR is constant as output increases
◦ steeper than; its product's price increases as output increases
◦ flatter than; it must pay a higher wage to the variable factor as output increases
◦ flatter than; its product's price decreases as output increases
◦ steeper than; MR decreases as output increases
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by trevg on Oct 12, 2022

Deonnak85

  • Full Member
  • ***
  • Posts: 158
Reply #1 on: Oct 12, 2022
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


trevg

  • Member
  • Posts: 160
Reply 2 on: Oct 12, 2022
Gracias!

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

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?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Two mechanisms that affect cell shape and movement. Two mechanisms that affect cell shape and movement.
Photographs illustrating the shape of two different intrauterine devices Photographs illustrating the shape of two different intrauterine devices
Shape of a tonsil. Shape of a tonsil.
Aggregated red-cell clusters have a streamlined shape, leading to further viscos Aggregated red-cell clusters have a streamlined shape, leading to further viscos
Importance of Considering Gestalt Principles in Product Design (1 of 2) Importance of Considering Gestalt Principles in Product Design (1 of 2)
Find derivative using product rule Find derivative using product rule
Video: First Stage of Labor and Delivery Video

For a complete list of videos, visit our video library