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

Author Question: The greater the curvature of the isoquant: a. the greater the degree of substitutability between ... (Read 69 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
The greater the curvature of the isoquant:
 a. the greater the degree of substitutability between the inputs.
  b. the lower the possibility of substitution between inputs.
  c. the higher the impact of a change in relative prices of inputs.
  d. the lower the prices of inputs.

Question 2

For which of the following types of firm does the average revenue curve coincide with the marginal revenue curve?
 a. A monopolist
  b. An oligopoly firm
  c. A monopolistically competitive firm
  d. A perfectly competitive firm
  e. A monopsonist


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

d


c0205847

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Wow, this really help

sarah_brady415

  • Member
  • Posts: 328
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Degree of genetic relatedness to self in a diploid organism. Degree of genetic relatedness to self in a diploid organism.
The degree of glacier retreat at Glacier Bay, Alaska, since 1794. The degree of glacier retreat at Glacier Bay, Alaska, since 1794.
The greater honeyguide, Indicator indicator. The greater honeyguide, Indicator indicator.
A noose hanging from a “Liberty Tree” reveals this artist’s bias: The “tar-and-feathering” of a Brit A noose hanging from a “Liberty Tree” reveals this artist’s bias: The “tar-and-feathering” of a Brit
standard reduction potential (Eo), the greater the tendency of the oxidized form of a redox couple standard reduction potential (Eo), the greater the tendency of the oxidized form of a redox couple
Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra. Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra.
Video: Introduction to filtration - filtrate formation and composition

For a complete list of videos, visit our video library