Question 1
Refer to the information provided in Figure 7.9 below to answer the question(s) that follow.
Refer to Figure 7.9. The slope of isocost
CE is
◦ -1/2.
◦ -1.
◦ -2.
◦ indeterminate from this information, as the prices of capital and labor are not given.
Question 2
Refer to the information provided in Figure 7.9 below to answer the question(s) that follow.
Refer to Figure 7.9. The firm's isocost line could shift from
AB to
CD if
◦ the price of capital decreased.
◦ the firm's total expenditures increased by 50%.
◦ the price of capital and labor each decreased by 33.3%.
◦ either the firm's total expenditures increased by 50% or the price of capital and labor each decreased by 33.3%
question asked
How to integrate using inverse trigonometric substitution (Question 6)
economic question
economic question
economic question (having trouble)
Youtube Question