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Author Question: According to the principle of diminishing returns, if all factors of production but one are held ... (Read 103 times)

Hungry!

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on: Jun 30, 2018
According to the principle of diminishing returns, if all factors of production but one are held constant and if that one factor is doubled, then eventually output will most likely
 
  A) double too. B) more than double.
  C) less than double. D) remain unchanged.

Question 2

If a firm hires a worker by paying him a wage higher than his value of marginal product, ________.
 
  A) the firm will earn higher profits B) the firm is making an optimum decision
  C) firing the worker will increase the firm's profits D) firing the worker will reduce the firm's profits
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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dpost18

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Reply #1 on: Jun 30, 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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Hungry!

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Reply #2 on: Jun 30, 2018
Correct answers!


dpost18

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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