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Author Question: The marginal resource cost is the amount by which an additional unit of input decreases the firm's ... (Read 73 times)

silviawilliams41

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on: Jun 30, 2018
The marginal resource cost is the amount by which an additional unit of input decreases the firm's variable costs.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Any form of wealth held by a sole proprietor will be factored into the terms of the loans she receives because:
 a. her liability is limited.
  b. her business is inseparable from her.
  c. her business is too small to bear investment risks.
  d. her investment decisions depend on her total output.


debra928

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  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

B


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