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

Author Question: The Law of Diminishing Marginal Returns states that: A) successive increases in inputs eventually ... (Read 112 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
The Law of Diminishing Marginal Returns states that:
 
  A) successive increases in inputs eventually lead to less additional output.
  B) successive increases in product prices lead to a fall in revenue.
  C) the demand for a good decreases as the price of the good increases.
  D) the net benefits of a perfectly competitive firm decrease as more firms enter the market.

Question 2

You notice that when the inflation rate increases, the interest rate tends to increase. This observation indicates that
 
  A) there might be false causality between inflation and the interest rate.
  B) higher inflation rates must cause a higher interest rate.
  C) a scatter diagram of the inflation rate and the interest rate will show a positive relationshi


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Tazate

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
Gracias!

lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
Andrea Bowers, United States v. Tim DeChristopher. Andrea Bowers, United States v. Tim DeChristopher.
Lightning Casualties in the United States by Location or Activity Lightning Casualties in the United States by Location or Activity
The three states of matter: solid, liquid, and gas. The three states of matter: solid, liquid, and gas.
The population of Asia increases rapidly, the demand for food and water is also growing The population of Asia increases rapidly, the demand for food and water is also growing
Types of Farms in the United States Types of Farms in the United States
Video: Rena arc construction

For a complete list of videos, visit our video library