« previous next »

Author Question: A marginal revenue product curve shows the change in a. total revenue caused by a one-unit change ... (Read 104 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
on: Jun 30, 2018
A marginal revenue product curve shows the change in
 a. total revenue caused by a one-unit change in output, other things constant
  b. total revenue caused by a one-unit change in an input, other things constant
  c. total product caused by a one-unit change in output, other things constant
  d. total product caused by a one-unit change in an input, other things constant
  e. total revenue product caused by a one-unit change in the price of the output, other things constant

Question 2

Which of the following events would not be recorded in the U.S. balance of payments?
 a. The money supply of a foreign nation increases.
  b. Oxfam America, a U.S. relief agency, sends food to drought victims in sub-Saharan Africa.
  c. Oxfam America, a U.S. relief agency, sends farm equipment to drought victims in sub-Saharan Africa.
  d. The Pentagon stations troops in Saudi Arabia.
  e. Pepsi-Cola sends its soft drink to Russia; in return, the United States gets Stolichnaya vodka. No money changes hands.


yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Continued harvest of (a) cod and (b) mountain sheep by humans has caused evolutionary changes in mat Continued harvest of (a) cod and (b) mountain sheep by humans has caused evolutionary changes in mat
Placenta previa. The condition is caused by the development of the placenta over the cervical canal, Placenta previa. The condition is caused by the development of the placenta over the cervical canal,
Elaboration Likelihood Model of Attitude Change Elaboration Likelihood Model of Attitude Change
Binding change model for ATP synthase Binding change model for ATP synthase
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: Non-specific disease resistance mechanisms & Skin's defense barriers

For a complete list of videos, visit our video library