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Author Question: Marginal revenue product can be calculated using the formula marginal product output price A) ... (Read 157 times)

wenmo

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on: Jun 29, 2018
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.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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efwsefaw

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Reply #1 on: Jun 29, 2018
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.
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wenmo

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Reply 2 on: Jun 29, 2018
:D TYSM

bdobbins

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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