Author Question: Which of the following factors of production is least likely to show diminishing marginal product? ... (Read 63 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
Which of the following factors of production is least likely to show diminishing marginal product?
 
  A) Capital B) Labor C) Technology D) Land

Question 2

A monetary system is preferable over the barter system because it
 
  A) is easier to track by the government. B) limits cash leakages.
  C) reduces transaction costs. D) is determined by the Congress.



cascooper22

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

For a complete list of videos, visit our video library