[Answered] When the marginal product curve is downward sloping, the average product curve A) must also be ...

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Hungry!

Hero Member
Posts: 1,071

on: Jun 29, 2018

When the marginal product curve is downward sloping, the average product curve

A) must also be downward sloping.
B) might be either upward or downward sloping.
C) must be upward sloping.
D) must be horizontal.

Question 2

Goods that are nonrival and nonexcludable are called

A) external goods.
B) public goods.
C) private goods.
D) free goods.

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Amiracle

Sr. Member
Posts: 334

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

B

Hungry!

Hero Member
Posts: 1,071

Reply #2 on: Jun 29, 2018

Correct answers!

Amiracle

Sr. Member
Posts: 334

Reply #3 on: Jun 29, 2018

Great! Please up vote

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