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

Author Question: Assume consumer demand for CD-ROMs increases. The result is a(n): a. increase in derived demand for ... (Read 149 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
Assume consumer demand for CD-ROMs increases. The result is a(n):
 a. increase in derived demand for workers in the CD-ROM industry.
  b. increase in the marginal revenue product of firms in the CD-ROM industry.
  c. rightward shift in the market demand for labor curve in the CD-ROM industry.
  d. all of these.
  e. none of these.

Question 2

In the long run, a firm might experience rising per-unit cost due to:
 a. economies of scale.
  b. diseconomies of scale.
  c. the law of supply.
  d. the law of diminishing marginal returns.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dpost18

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


Zulu123

  • Hero Member
  • *****
  • Posts: 525
Reply #2 on: Jun 30, 2018
Correct answers!


dpost18

  • Sr. Member
  • ****
  • Posts: 345
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Unique communities may result from distinct environmental conditions. Unique communities may result from distinct environmental conditions.
Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s
A chart derived from a flow sheet. A chart derived from a flow sheet.
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ... Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ...
Video: The Krebs Cycle Animation

For a complete list of videos, visit our video library