In the case of a short-run total product curve with a standard shape, the derivative of Q with respect to L is positive until total product reaches a maximum. From the origin until the total product curve reaches a maximum, what is true of the second derivative?
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In the case of a short-run total product curve with a standard shape, the derivative of Q with respect to L is positive until total product ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The wealth effect, interest-rate effect, and exchange-rate effect are all explanations for a. the slope of short-run aggregate supply. b. everything that makes the aggregate-demand curve shift. c. the slope of long-run aggregate supply. d.
Answers (1)
The Wax Works sells 400 candles at a price of $6 per candle. The Wax Works' total costs for producing 400 candles are $2500. The Wax Works' economic profit is
Answers (1)
Grove corp. purchased equipment at a cost of $260,000 in january, 2010. as of january 1, 2014, depreciation of $88,000 had been recorded on this asset. depreciation expense for 2014 is $22,000.
Answers (1)
A growling sound is heard from the rear of a rear-wheel-drive vehicle during cornering only. Technician A says that defective rear axle bearings may be the cause. Technician B says that defective drive pinion bearings may be the cause.
Answers (1)
Which of the following could be true if one decreases their long term liability and increases their liquid assets? a. Paid off credit card balance and added money to savings. b. Paid off medical bills and invested money. c.
Answers (1)
New Questions in Business
g The Council of Economic Advisors to the President of a country reported gross investment expenditure at $400,000 during a particular year.
Answers (1)
What are the order of in which management can take legal action against a employee
Answers (1)
What best describes an entrepreneur? a. Someone who initiates and assumes the financial risk of a new business enterprise. b. A person who knows how to evaluate which stocks to purchase. c. Someone who can expertly manage other people's investments.
Answers (1)
JRN Enterprises just announced that it plans to cut its dividend from $3.50 to $2.50 per share and use the extra funds to expand its operations.
Answers (1)
Sykora, Inc., which uses a predetermined overhead rate based on direct labor hours, estimated total overhead for the year to be $12,000,000 and total direct labor hours to be 320,000 hours. Calculate Sykora's predetermined overhead rate.
Answers (1)