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

Author Question: The production function shows A) the incremental output gained by improving the production ... (Read 131 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
on: Jun 29, 2018
The production function shows
 
  A) the incremental output gained by improving the production process.
  B) the maximum output that can be produced from each possible quantity of inputs.
  C) the technology used to produce output.
  D) the total cost of producing a given quantity of output.

Question 2

Refer to Figure 13-2. The marginal revenue from selling the additional unit Qb instead of Qa equals
 
  A) the area (H - E). B) the area (G + H).
  C) the area G. D) the area (E + F) - (G + H).


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

juwms

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


PhilipSeeMore

  • Member
  • Posts: 561
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Herniated disk. A herniated disk is a protrusion of the disk’s gelatinous center, called the nucleus Herniated disk. A herniated disk is a protrusion of the disk’s gelatinous center, called the nucleus
Pulmonary function test Pulmonary function test
This label on a Toyota Camry hybrid shows the relative smog-producing emissions, but this does not ... This label on a Toyota Camry hybrid shows the relative smog-producing emissions, but this does not ...
Conventional oil reserves have passed peak production Conventional oil reserves have passed peak production
World Crude Oil Production and Reserves (Billions of Barrels) World Crude Oil Production and Reserves (Billions of Barrels)
Examples of Polypeptide Production from Synthetic mRNAs Examples of Polypeptide Production from Synthetic mRNAs
Video: Types of Burns

For a complete list of videos, visit our video library