When total output is maximized, marginal output is ________. a) rising b) falling c) positive d) negative
Question:
When total output is maximized, marginal output is ________.
a) rising
b) falling
c) positive
d) negative
e) zero
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
The correct answer is e zero Heres the explanation Total output refers to the total quantity of good...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
A Single Buyer in the Labor Market: The text treated extensively the case where market power is concentrated on the supply side but it could equally well be concentrated on the demand side. When a...
-
Characterize each of the following statements as true or false, and explain your answer. A. If marginal revenue is less than average revenue, the demand curve will be downward sloping. B. Profits...
-
Consider an asset allocation problem with one risky asset and one risk-free asset .There are four investors .Each investor maximizes a mean-variance utility function to make their optimal investment...
-
The following transactions are February 2014 activities of Swing Hard Incorporated, which offers indoor golfing lessons in the western Canada. If revenue is to be recognized in February, indicate the...
-
Write a vector equation, parametric equations, and symmetric equations for a line.
-
What is the pressure drop associated with water at \(27^{\circ} \mathrm{C}\) flowing with a mean velocity of \(0.1 \mathrm{~m} / \mathrm{s}\) through an \(800-\mathrm{m}-\) long cast iron pipe of...
-
Start from the posted T-accounts and the adjusted trial balance that Daniels Consulting prepared for the company at December 31. Requirements 1. Complete the worksheet at December 31. (optional) 2....
-
Convert the mass 1900g into pounds and ounces.
-
Which statement is the most accurate? a) Virtually no one getting married thinks that considering whether or not to have a large we d ding is mainly an economic decision. b) Most American families...
-
A production function shows a firm how to ______. a) maximize profit b) maximize output c) minimize losses d) minimize output
-
A local insurance agent visits the high school and tells the students that his insurance company will give them a 10% discount on liability insurance, PIP, comprehensive insurance, and collision...
-
Industry Analysis: The Automotive Industry Please describe in detail the Key General Environmental Factors of the Automotive Industry. This includes but not limited to the following: Demographics...
-
If the emitted infrared radiation from the asteroid Ceres, have a wavelength of maximum intensity at 20,000 nm, what is the temperature of Ceres assuming Wien's Law?
-
If 43x+2=16x+4, then x equals
-
Distance between the object and the eyepiece of a compound microscope is 18 cm. The focal length of its objective lense is .8cm and the eyepiece had a focal length of 2.3cm. The near point distance...
-
A pilot taxiing on the airport loses radio contact with ATC and then sees a flashing red light being shown at his aircraft from the Air Traffic Control Tower. What action should the pilot take?
-
Best Buy is a large national retailer with many full-time and part-time employees in more than 1,000 stores. Beginning several years ago, Best Buy has made major changes in its work schedules. Rather...
-
Do the three planes x + 2x + x 3 = 4, X X 3 = 1, and x + 3x = 0 have at least one common point of intersection? Explain.
-
1. Income and Substitution Effects. Sabrina works for a workers cooperative that initially pays her a lump sum of $200 per week (as long as she works at least 15 hours per week) and a wage of $20 per...
-
1. Income and Substitution Effects. Sabrina works for a workers cooperative that initially pays her a lump sum of $200 per week (as long as she works at least 15 hours per week) and a wage of $20 per...
-
1. Arrows up or down: A decrease in the supply of nurses wills ________ the equilibrium wage and ________ the equilibrium quantity of nursing services. 2. Arrows up or down: An increase in the demand...
-
Zoe earned $45. She needs twice that much for her vacation. What is the total amount she needs for her vacation?
-
Liana would like to earn $500 each month at her part-time job. So far this month she has earned $342.46. How much more must she earn to reach her goal?
-
6. Find the displacement w(x, t) of an elastic semi-infinite string by solving the initial-boundary value problem aw(x,t) 2 w(x, t) = 2 " 0
Study smarter with the SolutionInn App