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

Author Question: Economists usually assume that capital is a ________ input in the ________ run. (Read 12 times)

luvbio

  • Hero Member
  • *****
  • Posts: 623
on: Apr 19, 2019

Question 1

All of the following statements about variable costs are true 
except


◦ they are equal to total costs in the long run.
◦ they are zero if output is zero.
◦ they are equal to the product of average variable cost and the output level.
◦ they are constant as output increases.

Question 2

Economists usually assume that capital is a ________ input in the ________ run.


◦ variable; short
◦ fixed; short
◦ fixed; long
◦ variable; short and long
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 luvbio on Apr 19, 2019

jgranad15

  • Sr. Member
  • ****
  • Posts: 345
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 42% of students answer this correctly


luvbio

  • Hero Member
  • *****
  • Posts: 623
Reply #2 on: Apr 19, 2019
Thanks


jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Recombinants are meiotic output different from meiotic input Recombinants are meiotic output different from meiotic input
Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital" Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital"
GDP and Capital per Worker, 2009 GDP and Capital per Worker, 2009
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
An archaeological sample contains 0.700 g of lead-206 and 2.144 g of uranium-238. Assume that ... An archaeological sample contains 0.700 g of lead-206 and 2.144 g of uranium-238. Assume that ...
Video: Secondary and tertiary levels of protein structure Animation

For a complete list of videos, visit our video library