This topic contains a solution. Click here to go to the answer

Author Question: Fred Ramirez is a farmer who charts the relationship between number of acres planted in corn and ... (Read 118 times)

amal

  • Hero Member
  • *****
  • Posts: 572
Fred Ramirez is a farmer who charts the relationship between number of acres planted in corn and number of bushels of corn harvested. Which marginal concept can Fred measure with this data?
 a. marginal utility
  b. marginal product
  c. marginal cost
  d. marginal revenue product
  e. marginal factor cost

Question 2

The income distribution in less-developed nations tends to be
 a. more uneven than in developed economies
  b. less uneven than in developed economies
  c. similar to that in developed economies
  d. impossible to calculate
  e. not comparable because tax structures differ among countries



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nekcihc358

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

B

Answer to Question 2

A




amal

  • Member
  • Posts: 572
Reply 2 on: Jun 30, 2018
Excellent


T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

For a complete list of videos, visit our video library