« previous next »

Author Question: Which of the following is true of an intermediate good? a. It is of no value to the seller. b. It ... (Read 99 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
Which of the following is true of an intermediate good?
 a. It is of no value to the seller.
 b. It is of no value to the buyer.
 c. It is purchased for household production.
  d. It helps produce another good.
 e. It is sold at a discounted price by firms.

Question 2

If the wage rate is fixed at a certain level, the:
 a. total wage cost curve is horizontal.
  b. total wage cost curve is a straight upward sloping line.
  c. MP must be constant.
  d. total wage cost curve will increase at an increasing rate.
  e. total wage cost curve will increase at a decreasing rate.


yeungji

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Zulu123

  • Hero Member
  • *****
  • Posts: 525
Reply #2 on: Jun 30, 2018
Thank you


yeungji

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Apparent and True Orbits of Alpha Centauri. Apparent and True Orbits of Alpha Centauri.
Structures of a bulged A in an RNA-RNA helix and an intermediate in the splicing Structures of a bulged A in an RNA-RNA helix and an intermediate in the splicing
Sample Exercise Prescription for Weight Training: Intermediate Sample Exercise Prescription for Weight Training: Intermediate
Which is TRUE about the alternation of generations cycle that is diagramed above? Which is TRUE about the alternation of generations cycle that is diagramed above?
Evidence for the covalent intermediate in the mechanism of lysozyme Evidence for the covalent intermediate in the mechanism of lysozyme
Isomerization reaction proceeds via an enediolate intermediate. Isomerization reaction proceeds via an enediolate intermediate.
Video: Role of the respiratory system - effect of altered ventilation rates

For a complete list of videos, visit our video library