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

Author Question: For Elliot's dog-walking service, the only variable input is labor. Elliot's labor costs are $300 a ... (Read 539 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
on: Apr 19, 2019

Question 1

Refer to the information provided in Figure 8.3 below to answer the question(s) that follow. 






 

Refer to Figure 8.3. The marginal cost of the eleventh basketball is


◦ less than $1.
◦ $1.
◦ $2.
◦ greater than $2.

Question 2

For Elliot's dog-walking service, the only variable input is labor. Elliot's labor costs are $300 a day and his service walks 30 dogs per day. To walk 31 dogs per day, his labor costs increase to $305 a day. The marginal cost of walking that 31st dog is


◦ $5.
◦ $9.83.
◦ $19.52.
◦ indeterminate from the information given.
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 Starlight on Apr 19, 2019

janeli

  • Sr. Member
  • ****
  • Posts: 346
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 49% of students answer this correctly


Starlight

  • Hero Member
  • *****
  • Posts: 567
Reply #2 on: Apr 19, 2019
TY


janeli

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Apr 19, 2019
You're welcome


bianca

  • Newbie
  • *
  • Posts: 1
Reply #4 on: Dec 18, 2020
thank you!


« previous next »
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Variable expressivity Variable expressivity
The stages of labor and delivery. (A) During the dilation stage the cervix thins and dilates to 10 c The stages of labor and delivery. (A) During the dilation stage the cervix thins and dilates to 10 c
The Stages of Labor and Birth in a Vaginal Delivery The Stages of Labor and Birth in a Vaginal Delivery
Assume z is a standard normal random variable. What is the value of z if the area to the right ... Assume z is a standard normal random variable. What is the value of z if the area to the right ...
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Variable expressivity of Waardenburg syndrome Variable expressivity of Waardenburg syndrome
Video: TRH/TSH/Thyroid hormone

For a complete list of videos, visit our video library