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Author Question: When business leaders become pessimistic about future sales and profits and increase their spending ... (Read 98 times)

joesmith1212

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  • Posts: 549
on: Jun 30, 2018
When business leaders become pessimistic about future sales and profits and increase their spending on plant and equipment, their expectations are usually fulfilled.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A firm's demand curve for labor coincides with the:
 a. marginal cost curve.
  b. average cost curve.
  c. marginal revenue curve.
  d. marginal revenue product curve.


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mcni194

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

True

Answer to Question 2

d


joesmith1212

  • Member
  • Posts: 549
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

parker125

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  • Posts: 332
Reply 3 on: Yesterday
Excellent

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