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

Author Question: If you are running a winery and you need one bottle for every 750ml of wine, then your production ... (Read 72 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
If you are running a winery and you need one bottle for every 750ml of wine, then your production function
 
  A) is inefficient.
  B) is considered fixed-proportion.
  C) will have a diminishing marginal rate of technical substitution.
  D) has downward-sloping, straight line isoquants.

Question 2

The producers of externalities prefer _____ to _____.
 
  a. corrective taxation; regulation
  b. regulation; subsidization
  c. competition; subsidization
   d. regulation; corrective taxation



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nathang24

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

B

Answer to Question 2

d




leo leo

  • Member
  • Posts: 566
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

For a complete list of videos, visit our video library