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

Author Question: If a firm is experiencing diminishing marginal returns, its marginal product is declining. a. True ... (Read 101 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
If a firm is experiencing diminishing marginal returns, its marginal product is declining.
 a. True
  b. False

Question 2

If a firm is experiencing diminishing marginal returns, its marginal product is negative.
 a. True
  b. False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

A

Answer to Question 2

B




stevenposner

  • Member
  • Posts: 608
Reply 2 on: Jun 30, 2018
Excellent


6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
:D TYSM

 

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?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library