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

Author Question: When a firm is experiencing increasing marginal costs, it implies a. There are constant marginal ... (Read 82 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
When a firm is experiencing increasing marginal costs, it implies
 a. There are constant marginal productivity
  b. There are decreasing average costs
  c. There are decreasing marginal productivity
  d. There are increasing marginal productivity

Question 2

The demand for durable goods tends to be more price elastic than the demand for non-durables.
 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

TheDev123

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

c

Answer to Question 2

a




jc611

  • Member
  • Posts: 552
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Excellent

 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

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).

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

For a complete list of videos, visit our video library