This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Refer to Scenario 16.3. What is Sam's marginal rate of substitution of tee shirts for candy at the ... (Read 52 times)

2125004343

  • Hero Member
  • *****
  • Posts: 566
on: Jul 1, 2018
Refer to Scenario 16.3. What is Sam's marginal rate of substitution of tee shirts for candy at the current distribution?
 
  A) 2.
  B) 7/5.
  C) 5/7.
  D) It is impossible to determine without the prices of each commodity.

Question 2

Given the data in Scenario 14.3, how much labor should the firm employ if labor costs 30 a unit?
 
  A) 3 units of labor
  B) 4 units of labor
  C) 5 units of labor
  D) 6 units of labor
  E) 7 units of labor


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cloud

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


2125004343

  • Member
  • Posts: 566
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

dyrone

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

The role of leptin in regulating appetite and metabolic rate. The role of leptin in regulating appetite and metabolic rate.
A Glitch Interrupts the Vela Pulsar’s Spindown Rate A Glitch Interrupts the Vela Pulsar’s Spindown Rate
A compression gauge designed for the higher compression rate of a diesel engine should be used when ... A compression gauge designed for the higher compression rate of a diesel engine should be used when ...
Fluidization - Reaction Rate Chart Fluidization - Reaction Rate Chart
Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ... Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ...
Target Heart Rate Target Heart Rate
Video: Segmentation and migrating motility complexes & Gastroileal reflex

For a complete list of videos, visit our video library