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Author Question: The best explanation for ________ is a fixed factor causes diminishing returns to other factors. (Read 58 times)

kshipps

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on: Apr 19, 2019

Question 1

The ________ supply curve(s) of a perfectly competitive firm is the portion of its marginal cost curve that lies above its average variable cost curve.


◦ long-run
◦ short-run
◦ short-run and long-run
◦ A perfectly competitive firm faces no supply curve.

Question 2

The best explanation for ________ is a fixed factor causes diminishing returns to other factors.


◦ increasing returns to scale
◦ a horizontal marginal revenue curve
◦ a perfectly competitive firm earning economic profits in the long run
◦ the shape of a short-run marginal cost schedule
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by kshipps on Apr 19, 2019

Swizqar

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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.
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kshipps

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Reply #2 on: Apr 19, 2019
TY


Swizqar

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Reply #3 on: Apr 19, 2019
You're welcome


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