« previous next »

Author Question: The change in total cost of production that results from a change in the amount of a resource used ... (Read 131 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
The change in total cost of production that results from a change in the amount of a resource used is
 a. average resource cost
  b. marginal resource cost
  c. marginal product
  d. marginal revenue product
  e. average revenue product

Question 2

Marginal social cost includes both the marginal private cost and the marginal external cost that production imposes on society
 a. True
  b. False


Andromeda18

  • Sr. Member
  • ****
  • Posts: 336
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?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

New results from NASA's NEOWISE survey New results from NASA's NEOWISE survey
Effects of Living in Total Darkness on Monoaminergic Systems Effects of Living in Total Darkness on Monoaminergic Systems
Climate Change: Timescale decades to centuries Climate Change: Timescale decades to centuries
Total Fitness and Wellness, Brief Edition, 4th Edition Total Fitness and Wellness, Brief Edition, 4th Edition
The F1 and F2 results of crosses Sturtevant The F1 and F2 results of crosses Sturtevant
Main mechanism of carbon dioxide transport and exchange. A lesser amount of CO2 travels to the lungs Main mechanism of carbon dioxide transport and exchange. A lesser amount of CO2 travels to the lungs
Video: Cognitive development by Piaget (Preoperational stage or intelligence)

For a complete list of videos, visit our video library