The total product curve: a. will become flatter as output increases if there are diminishing returns to the variable input. b. will be downward-sloping if there are diminishing returns to the variable input. c. shows the relation between output and the quantity of a variable input for varying levels of the fixed input. d. will become horizontal when the marginal product of the variable input is constant.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The total product curve: a. will become flatter as output increases if there are diminishing returns to the variable input. b. will be ...” 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
A salesperson can create an express warranty to which his/her company is legally bound.
Answers (1)
When a free-rider problem exists, a. entrepreneurs will eventually find a way to make free-riders pay their share. b. the good will not be produced. c. the market will devote too few resources to the production of the good. d.
Answers (1)
which of the following statements best describes why a client record system is called a "living" record
Answers (1)
If the nominal exchange rate (expressed as foreign currency per unit of the domestic currency) rises 5%, domestic inflation is 2%, and foreign inflation is 3%, what is the approximate percent change in the real exchange rate?
Answers (1)
Whats the best strategy to avoid atm fees
Answers (1)
New Questions in Business
It would be faster for a human resource manager to use a (an) (blank) to alert employees about a company picnic.
Answers (1)
Why do economists use models? a. Models are used to add complexity to a simple world. b. Models allow us to study a simplified version of a complex world. c. Models allow us to control exogenous factors. d. Models make the world harder to understand.
Answers (2)
On January 1, Wei company begins the accounting period with a $45,000 credit balance in allowance for doubtful accounts. a. On February 1, the company determined that $9,800 in customer accounts was uncollectible; specifically, $2,400 for Oakley Co.
Answers (2)
Accounts are classified in the ledger a. alphabetically b. chronologically c. so that accounts used most often are listed first d. in accordance with their appearance in the financial statements
Answers (1)
In 1-2 sentences, explain how wage discrimination results in unequal pay.
Answers (1)