This topic contains a solution. Click here to go to the answer

Author Question: Marginal revenue product can be calculated using the formula marginal product output price A) ... (Read 131 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
Marginal revenue product can be calculated using the formula marginal product  output price
 
  A) only if the both marginal product of labor and the output price are constant.
  B) only if the firm has market power in the labor market
  C) only if output price is constant.
  D) only if the marginal product of labor is constant.

Question 2

Average fixed cost is equal to
 
  A) the amount of total cost that does not change as output changes in the short run.
  B) fixed cost divided by the quantity of output produced.
  C) average total cost plus average variable cost.
  D) fixed cost multiplied by the quantity of output produced.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

efwsefaw

  • Sr. Member
  • ****
  • Posts: 351
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 64% of students answer this correctly




wenmo

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Gracias!


xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

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?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

For a complete list of videos, visit our video library