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

Author Question: Marginal product measures the change in: a. total cost brought about by changing production by one ... (Read 125 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
on: Jun 30, 2018
Marginal product measures the change in:
 a. total cost brought about by changing production by one unit.
  b. product price brought about by changing production by one unit.
  c. a firm's revenue brought about by changing production by one unit.
  d. the firm's output brought about by employing one additional unit of input.
  e. the firm's profit brought about by employing one more input.

Question 2

Which of these is a lagging economic indicator?
 a. The unemployment rate
 b. Personal income
 c. Industrial production
 d. Total employment
 e. Fluctuations in stock prices


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bimper21

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


faduma

  • Member
  • Posts: 528
Reply 2 on: Jun 30, 2018
:D TYSM

Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Change in American Gender Attitudes, 1977-2006 Over recent decades, views of gender roles have beco Change in American Gender Attitudes, 1977-2006 Over recent decades, views of gender roles have beco
Global Climate Change Global Climate Change
The roots of climate change The roots of climate change
Stem Cell Production Stem Cell Production
An educational institution has total direct labor and material costs of $1964 per student. Its ... An educational institution has total direct labor and material costs of $1964 per student. Its ...
Production of prototrophs as a result of genetic recombination Production of prototrophs as a result of genetic recombination
Video: Types of disease resistance: innate defenses & immunity

For a complete list of videos, visit our video library