subject
Social Studies, 12.08.2020 20:01 Randomkid0973

Consider the following statements when answering this question I. If a firm employs only one variable factor of production, labor, and the marginal product of labor is constant, then the marginal costs of production are constant too.
II. If a firm employs only one variable factor of production, labor, and the marginal product of labor is constant, then short-run average total costs cannot rise as output rises.

ansver
Answers: 3

Another question on Social Studies

question
Social Studies, 22.06.2019 05:40
What role did radio free europe play in western countries' cold warstrategy?
Answers: 1
question
Social Studies, 22.06.2019 07:40
What are the unique drivers of behavior that are a result of language and culture?
Answers: 1
question
Social Studies, 22.06.2019 17:30
The american public was excited by the invention of the railroad system. true false
Answers: 1
question
Social Studies, 22.06.2019 18:30
Why does c. wright mills identify critical thinking as one of the most important criteria for the development of intellectual craftsmanship? why is constantly being aware of the biased nature of your reactions and interactions (what c. wright mills calls self-reflexive) key to the development of that critical thinking? finally, why is keeping a file important, how can it lean to intellectual curiosity which can foster critical thinking and to develop a keen analytical mind?
Answers: 3
You know the right answer?
Consider the following statements when answering this question I. If a firm employs only one variab...
Questions
Questions on the website: 13722359