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 90 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
Gracias!

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Comparison of the chemical structures of psilocybin and LSD. Psilocybin (left) is derived from a mus Comparison of the chemical structures of psilocybin and LSD. Psilocybin (left) is derived from a mus
Rivers Are a Product of Their Watersheds Rivers Are a Product of Their Watersheds
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ... Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ...
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
To find the derivative use product rule To find the derivative use product rule
Video: Isovolumetric VC, Ventricular ejection, Isovolumetric & Passive ventricular filling

For a complete list of videos, visit our video library