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 147 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
Wow, this really help


Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

The average adult has about 21 square feet of skin.

For a complete list of videos, visit our video library