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

Author Question: The return to any factor of production that is in fixed supply is called (Read 51 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
on: Apr 19, 2019

Question 1

If the marginal revenue product of land is less than its price, a firm should


◦ use more land.
◦ use less land.
◦ try to increase the productivity of land.
◦ increase the price it is willing to pay for land.

Question 2

The return to any factor of production that is in fixed supply is called


◦ marginal product.
◦ demand.
◦ economic profit.
◦ pure rent.
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 anjilletteb on Apr 19, 2019

tennis14576

  • Sr. Member
  • ****
  • Posts: 334
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 29% of students answer this correctly


anjilletteb

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: Apr 19, 2019
TY


tennis14576

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Cerebral angiography. The four angiograms each reveal the distribution of blood vessels supplying th Cerebral angiography. The four angiograms each reveal the distribution of blood vessels supplying th
Products like Beano contain enzymes that help reduce the production of gas in the large intestine Products like Beano contain enzymes that help reduce the production of gas in the large intestine
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Structures of Voice Production Structures of Voice Production
How the multiple-factor hypothesis accounts for the 1:4:6:4:1 phenotypic ratio How the multiple-factor hypothesis accounts for the 1:4:6:4:1 phenotypic ratio
Translation Termination Factor Homologs Translation Termination Factor Homologs
Video: Introduction to Genetics

For a complete list of videos, visit our video library