« previous next »

Author Question: If this game is played once, then a. Firm A will charge a lower price and firm B will charge a ... (Read 110 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
on: Jul 1, 2018
If this game is played once, then
 a. Firm A will charge a lower price and firm B will charge a lower price
  b. Firm A will charge a higher price and firm B will charge a lower price
  c. Firm A will charge a lower price and firm B will charge a higher price
  d. Firm A will charge a higher price and firm B will charge a higher price

Question 2

The marginal physical productivity of labor is defined as:
 a. a firm's total output divided by total labor input.
  b. the extra output produced by employing one more unit of labor while allowing other inputs to vary.
  c. the extra output produced by employing one more unit of labor while holding other inputs constant.
  d. the extra output produced by employing one more unit of capital while holding labor input constant.


parker125

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Relaxed ear position of a bored or resting horse. Lower lip is loose, also indicating relaxation. Th Relaxed ear position of a bored or resting horse. Lower lip is loose, also indicating relaxation. Th
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
A horizontally opposed engine design helps to lower the vehicle’s center of gravity. A horizontally opposed engine design helps to lower the vehicle’s center of gravity.
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ... Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
Testing the arterial supply to the lower extremities Testing the arterial supply to the lower extremities
Rock Cornish Game Hen Rock Cornish Game Hen
Video: Introduction to Photolithography - WC, BLF, PA, Hard and Soft baking

For a complete list of videos, visit our video library