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

Author Question: If the product derived from the last dollar spent on labor is less than the product derived from the ... (Read 167 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
on: Apr 19, 2019

Question 1

If the product derived from the last dollar spent on labor is greater than the product derived from the last dollar spent on capital, then the firm


◦ is minimizing costs.
◦ should use more labor and less capital to minimize costs.
◦ should use less labor and more capital to minimize costs.
◦ should increase the price paid to labor and decrease the price paid to capital to minimize costs.

Question 2

If the product derived from the last dollar spent on labor is less than the product derived from the last dollar spent on capital, then the firm


◦ is minimizing costs.
◦ should use more labor and less capital to minimize costs.
◦ should use less labor and more capital to minimize costs.
◦ should increase the price paid to labor and decrease the price paid to capital to minimize costs.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by nmorano1 on Apr 19, 2019

wtf444

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Apr 19, 2019
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.
Answer Preview
Only 56% of students answer this correctly


nmorano1

  • Member
  • Posts: 598
Reply 2 on: Apr 19, 2019
:D TYSM

rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

ESM Study of Time Spent with Family ESM Study of Time Spent with Family
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
Proline and arginine are derived from glutamate Proline and arginine are derived from glutamate
The traditional human karyotypes derived from a normal female and a normal male The traditional human karyotypes derived from a normal female and a normal male
The traditional human karyotypes derived from a normal female and a normal male The traditional human karyotypes derived from a normal female and a normal male
GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering
Video: Structures that affect circulation - venous return

For a complete list of videos, visit our video library