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

Author Question: The shape of marginal cost is determined by A) the shape of average cost. B) the shape of marginal ... (Read 119 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
The shape of marginal cost is determined by
 A) the shape of average cost.
  B) the shape of marginal product.
  C) the shape of total variable cost.
  D) all of these choices.

Question 2

Alex's production is worth 60, Harry's is worth 40, Rob's is worth 40, and Julia's is worth 55 . They decide to combine their resources and produce together. For this to be a superadditive game, which of the following conditions must hold?
 a. They should be able to produce more in groups of two than what they can produce together.
  b. Their combined production must exceed the total they can individually produce.
  c. Their resources must be perfect substitutes.
  d. Their resources must be perfect complements.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sailorcrescent

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


asan beg

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 30, 2018
Thank you


sailorcrescent

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Average optimal blood pressure for age Average optimal blood pressure for age
Average Chemical Composition of the Geosphere Crust Average Chemical Composition of the Geosphere Crust
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
Flexible cooling fan blades change shape as the engine speed changes. Flexible cooling fan blades change shape as the engine speed changes.
A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ... A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ...
Cost of Laptops Cost of Laptops
Video: Antidiuretic hormone (vasoconstriction, water reabsorption & sweat inhibition)

For a complete list of videos, visit our video library