« previous next »

Author Question: If a product's price increases, then its: a. MP will increase. b. MFC will increase. c. MRP will ... (Read 8 times)

imowrer

  • Hero Member
  • *****
  • Posts: 514
on: Jun 30, 2018
If a product's price increases, then its:
 a. MP will increase.
  b. MFC will increase.
  c. MRP will increase.
  d. MP will decrease.

Question 2

Which of the following is true at the point where diminishing returns set in?
 a. Both marginal product and marginal cost are at a maximum.
  b. Both marginal product and marginal cost are at a minimum.
  c. Marginal product is at a maximum and marginal cost at a minimum.
  d. Marginal product is at a minimum and marginal cost at a maximum.


lorealeza

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

c

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Rivers Are a Product of Their Watersheds Rivers Are a Product of Their Watersheds
When using forearm pressure on the top of the shoulder, push with your back foot to increase your ... When using forearm pressure on the top of the shoulder, push with your back foot to increase your ...
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Use the product rule to find derivative Use the product rule to find derivative
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
Beak size in finches during dry years increases because of strong selection Beak size in finches during dry years increases because of strong selection
Video: The Hypothalamus: The Body's Thermostat (Human Thermostat)

For a complete list of videos, visit our video library