Refer to the data. Diminishing marginal returns become evident with the addition of the:
Answer the question on the basis of the following output data for a firm. Assume that the amounts of all nonlabor resources are fixed.
A. sixth worker.
B. fourth worker.
C. third worker.
D. second worker.
C. third worker.
You might also like to view...
The main explanation for why the cheap foreign labor argument is a poor reason for restricting international trade is that:
a. workers who get paid less tend to have lower productivity than those who get paid more. b. all firms and workers gain when there are no restrictions on international trade. c. infant industries such as steel and automobiles need to be protected. d. specialization and free trade usually raise the prices of all the traded goods, so that the workers can get paid more. e. labor costs tend to be the same worldwide in the long run because of worker mobility.
If the budget deficit for each year is held to a constant nominal value during constant inflationary times, then the inflation-corrected or real value of the total debt would
A. Rise at a constant rate. B. Initially rise but eventually would become negative. C. Rise at a decreasing rate. D. Begin to fall, but then continually rise.
What is government failure?
What will be an ideal response?
The corridor is the ________________ section of the ______________________ curve of reserves in the federal funds market
A) vertical; demand B) horizontal; demand C) vertical; supply D) horizontal; supply