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Author Question: When a small amount of output is produced per unit of the input, the input is said to exhibit (Read 89 times)

formula1

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on: Apr 19, 2019

Question 1

An increase in the wage rate will change


◦ only the amount of labor hired.
◦ the amount of labor employed, and it may also change the amount of other inputs employed.
◦ the price the firm charges for the product, but it will not affect the demand for any of the inputs.
◦ the firmʹs profit-maximizing level output, but not its usage of inputs.

Question 2

When a small amount of output is produced per unit of the input, the input is said to exhibit


◦ high productivity.
◦ low productivity.
◦ marginal productivity.
◦ derived productivity.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by formula1 on Apr 19, 2019

sailorcrescent

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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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formula1

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Reply 2 on: Apr 19, 2019
:D TYSM

covalentbond

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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