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Author Question: Fred Ramirez is a farmer who charts the relationship between number of acres planted in corn and ... (Read 105 times)

amal

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on: Jun 30, 2018
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


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nekcihc358

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


amal

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

tkempin

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Reply 3 on: Yesterday
Excellent

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