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 88 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 first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major
Comparison of normal-shaped erythro- cytes and the abnormal sickle shape noted in patients with sick Comparison of normal-shaped erythro- cytes and the abnormal sickle shape noted in patients with sick
The tertiary of a transfer RNA as determined by X-Ray diffraction The tertiary of a transfer RNA as determined by X-Ray diffraction
A container in the shape of a right circular cylinder with no top has surface area square feet. A container in the shape of a right circular cylinder with no top has surface area square feet.
Spacecraft optimum geometrical shape Spacecraft optimum geometrical shape
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Febrile Seizure

For a complete list of videos, visit our video library