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Author Question: Which of the following is not true about the law of diminishing returns? A) It is a short-run ... (Read 17 times)

Davideckstein7

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on: Jul 1, 2018
Which of the following is not true about the law of diminishing returns?
 
  A) It is a short-run phenomenon.
  B) It refers to diminishing marginal product.
  C) It will have an impact on the firm's marginal cost.
  D) It divides Stage I and II of the production process.
  E) All of the above are true.

Question 2

Which of the following is likely to decrease the exchange rate of Yen to euros (/)?
 
  A) an increase in investment opportunities in the U.S.
  B) a decrease in investment opportunities in the eurozone
  C) a decrease in demand for European goods in Japan
  D) an increase in investment opportunities in the eurozone


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jointhecircus

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

D


Davideckstein7

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

connor417

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Reply 3 on: Yesterday
Excellent

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