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 86 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?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Bacteria may be named for their morphology (shape): cocci (spherical), bacilli (rod shaped), or ... Bacteria may be named for their morphology (shape): cocci (spherical), bacilli (rod shaped), or ...
Streptococci: Individual bacteria that have a rounded shape and have clumped together to form a ... Streptococci: Individual bacteria that have a rounded shape and have clumped together to form a ...
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
The side injector combines with the shape of the piston to create a swirl as the piston moves up ... The side injector combines with the shape of the piston to create a swirl as the piston moves up ...
Does It Cost More to Eat Healthy? Does It Cost More to Eat Healthy?
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
Video: Transferring genes into plants Animation

For a complete list of videos, visit our video library