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

Author Question: As output rises, marginal product eventually diminishes and a. marginal cost increases b. average ... (Read 83 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
on: Jun 30, 2018
As output rises, marginal product eventually diminishes and
 a. marginal cost increases
  b. average cost falls
  c. total cost falls
  d. fixed cost is increasing
  e. average product is negative

Question 2

When a firm is experiencing diminishing marginal returns, marginal cost is
 a. rising
  b. falling
  c. constant
  d. rising at first, then falling
  e. zero


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kusterl

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


bobbie

  • Member
  • Posts: 592
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Average optimal blood pressure for age Average optimal blood pressure for age
Rivers Are a Product of Their Watersheds Rivers Are a Product of Their Watersheds
Running time on 100-meter sprint for men and women master athletes increases with age. Source: Korho Running time on 100-meter sprint for men and women master athletes increases with age. Source: Korho
Age and Grammatical Knowledge The challenge of learning a second language rises with age. Source: J Age and Grammatical Knowledge The challenge of learning a second language rises with age. Source: J
Importance of Considering Gestalt Principles in Product Design Importance of Considering Gestalt Principles in Product Design
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Bone processes - resorption and deposition, remodeling and response to stress in adult bones

For a complete list of videos, visit our video library