The slope of the total product curve always equals? the change in input divided by the change in output.the ratio of the marginal product and the average product.the marginal product of the input.the average product of the input. 相关知识点: 试题来源: 解析 the marginal product of the ...
Marginal cost equals? total cost divided by total output.the change in total cost associated with an additional unit of output.the change in average cost.the slope of the average cost curve.相关知识点: 试题来源: 解析 the change in total cost associated with an additional unit of output....
55.RefertoFigure13-3.Thechangingslopeofthetotalcostcurvereflects a.decreasingaveragevariablecost. b.decreasingaveragetotalcost. c.decreasingmarginalproduct. d.increasingfixedcost. ANS:CDIF:2REF:13-2NAT:Analytic LOC:CostsofproductionTOP:Marginalproduct MSC:Interpretive 56.RefertoFigure13-3.Whichofthefollowi...
True or False: 1. Marginal cost reflects changes in fixed costs. 2. Marginal cost is the slope of the total variable cost curve. 3. The firm's short-run supply curve is its marginal cost curve. Which statement about short-run cost cur...
Answer to: Marginal cost is the slope of the: a. variable cost. b. total product curve. c. marginal product curve. d. average cost curve. By...
一般情况下,demand curve向下,斜率slope=△P/△Q Own priceis used by economists to underscore that the reference is to the price of a good itself and not the price of some other good. 需求弹性 Price Elasticity of Demand Elasticity measures how sensitive one variable is to any other variable,...
Note, however, that the slope of the LM does not only depend on the money demand’s interest rate elasticity (α), but also on how aggressive (λ) the fed will react to an increase in unemployment. The Sumner Critique applies if λ=∞ ...
2 via the slope of the total damage cost curve at the top of the bar in a given year, equaling the marginal damage cost. When total GHG concentration increases, the curvature of the total damage cost function becomes steeper and the derived flat carbon prices during a year are positioned ...
All portfolios on the CML have the same Sharpe ratio: the slope of the CML. An analyst is estimating the sensitivity of the return of stock A to different macroeconomic factors. He prepares the following estimates for the factor betas: ?industrial production = 1.3 ?interest rate = -0.75 ...
The upward-sloping portion of a short-run total cost curve illustrates: a. diseconomies to scale b. diminishing marginal returns c. neither of the above Short-run Cost: A short-run cost is a cost that has short-lived eff...