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Author Question: Were it not for the law of diminishing marginal returns, we could grow the world's food supply from ... (Read 97 times)

torybrooks

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on: Jul 1, 2018
Were it not for the law of diminishing marginal returns, we could grow the world's food supply from a flowerpot.
 
  Indicate whether the statement is true or false

Question 2

Skateboards are produced according to the production function, q = 10K0.25L0.5 - L. Given that capital is fixed at 16 units in the short run, what quantity of labor is needed to produce 36 units of output?
 
  A) L = 4
  B) L = 2
  C) L = 25
  D) L = 16
Microeconomics ¦ Perloff ¦ 8th Edition
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princessflame2016

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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torybrooks

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Reply #2 on: Jul 1, 2018
Thank you :)


princessflame2016

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Reply #3 on: Jul 1, 2018
Happy to help you


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