Author Question: The slope of the total product curve is the A) average product. B) slope of a line from the ... (Read 77 times)

mmm

  • Hero Member
  • *****
  • Posts: 558
The slope of the total product curve is the
 
  A) average product.
  B) slope of a line from the origin to the point.
  C) marginal product.
  D) marginal rate of technical substitution.

Question 2

See the information in Scenario 4.4. From this demand curve, one can infer that:
 
  A) Rock and Roll Trivia is an inferior good.
  B) computers and diskettes are substitutes.
  C) computers and diskettes are complements.
  D) computers are a normal good.
  E) A, B and D are true.



alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

For a complete list of videos, visit our video library