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 178 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
Wow, this really help

AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

heme of myoglobin (derived from PDB ID 1MBO) heme of myoglobin (derived from PDB ID 1MBO)
ESM Study of Time Spent with Family ESM Study of Time Spent with Family
How to use the product rule to find the derivative of a function How to use the product rule to find the derivative of a function
Importance of Considering Gestalt Principles in Product Design Importance of Considering Gestalt Principles in Product Design
Use the product rule to find derivative Use the product rule to find derivative
Lampbrush chromosomes derived from amphibian oocytes Lampbrush chromosomes derived from amphibian oocytes
Video: Red alga life cycle Animation

For a complete list of videos, visit our video library