decreasing marginal returns and negative marginal returns
What is the difference between decreasing marginal returns and negative marginal returns?
Give the answer of following question. Refer to the given data. The marginal cost of producing the sixth unit of output is: A) $24. B) $12. C) $16. D) $8. Q : Demands for consumer for resources Since demands for resources eventually depend upon consumers’ demands for goods, in that case the demand for labor is: (w) termed as a derived demand. (x) a perfectly elastic demand curve. (y) a perfectly inelastic demand. (z) a horizontal line.
Since demands for resources eventually depend upon consumers’ demands for goods, in that case the demand for labor is: (w) termed as a derived demand. (x) a perfectly elastic demand curve. (y) a perfectly inelastic demand. (z) a horizontal line.
At the price P1, this purely competitive Christmas tree industry is within: (w) long-run equilibrium. (x) short-run equilibrium. (y) market period disequilibrium. (z) short-run disequilibrium. Q : Key questions in evaluating a research Key questions in evaluating a research report: In brief, there are five key questions you, as a consumer of analytical work, should ask yourself as you are evaluating a research report. 1. What is the purpose of th
Key questions in evaluating a research report: In brief, there are five key questions you, as a consumer of analytical work, should ask yourself as you are evaluating a research report. 1. What is the purpose of th
Deficit budget: When expenditure of the government is greater than its receipts, it is termed as deficit budget.
The price elasticity of demand for DVD games among prices of $10 and $20 is approximately: (w) 3/2. (x) 3/7. (y) 1. (z) 16.333. Q : Determining national income Suppose an Suppose an economy is in equilibrium condition. Its consumption function is C = 300 +0.8Y and investment is 700 find out its national income.
Suppose an economy is in equilibrium condition. Its consumption function is C = 300 +0.8Y and investment is 700 find out its national income.
The clearest illustrations of pure economic rent are payments: (1) for improvements which increase the productivity of resources. (2) to owners of unimproved land. (3) exceeding the productivity of a resource. (4) received by owners of homogeneous res
In the market period: (w) price is constant. (x) output is constant. (y) supply is horizontal. (z) supply is completely elastic. Please guys help to solve this problem of Economics with some explan
Conditions of producers equilibrium: The conditions of producers equilibrium through the marginal cost and marginal revenue approach are as follows. 1. Marginal cost should be equal to marginal revenue.
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