This topic contains a solution. Click here to go to the answer

Author Question: The response of output following a natural disaster includes A) an increase in output demand and ... (Read 31 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
The response of output following a natural disaster includes
 
  A) an increase in output demand and an increase in output supply.
  B) an increase in output demand and a decrease in output supply.
  C) a decrease in output demand and an increase in output supply.
  D) a decrease in output demand and a decrease in output supply.

Question 2

Which of the following is consistent with diminishing marginal returns?
 
  a. increasing labor by 10 and output increasing 10.
  b. increasing labor by 10 and output prices increase by less than 10.
  c. increasing labor by 10 and the marginal product of labor increasing 10.
  d. increasing labor by 10 and output increasing by less than 10.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

itsakadoozi

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

B

Answer to Question 2

D




OSWALD

  • Member
  • Posts: 580
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

For a complete list of videos, visit our video library