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

Author Question: The increase in total output that results from a unit increase in one unit of a variable input is ... (Read 102 times)

AEWBW

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
The increase in total output that results from a unit increase in one unit of a variable input is equal to the input's:
 a. total product.
  b. marginal product.
  c. average product.
  d. marginal cost.

Question 2

Which of the following would indicate the beginning of an expansionary phase in an economy?
 a. A minor increase in the number of new firms
 b. A decline in stock market prices
 c. An improvement in consumer confidence
 d. A slowdown in housing construction
 e. A decrease in the number of orders for new equipment


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duy1981999

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


AEWBW

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo
A hyfrecator, an electrocautery unit. A hyfrecator, an electrocautery unit.
Schematic depiction of the action of tryptophan synthase in one functional unit Schematic depiction of the action of tryptophan synthase in one functional unit
Effect of an Increase in Technological Progress Effect of an Increase in Technological Progress
Inferring Productivity from Data on Output and Factor Accumulation Inferring Productivity from Data on Output and Factor Accumulation
Results of Mendel’s Experiments Results of Mendel’s Experiments
Video: Brain Anatomy Animation (Part 1 of 2)

For a complete list of videos, visit our video library