Business, 17.02.2020 19:37 Adolfosbaby

Country A and country B both increase their capital stock by one unit. Output in country A increases by 10 while output in country B increases by 8. Other things the same, diminishing returns implies that country A is .a. richer than Country B. If Country A adds another unit of capital, output will increase by more than 12 units.
b. richer than Country B. If Country A adds another unit of capital, output will increase by less than 12 units.
c. poorer than Country B. If Country A adds another unit of capital, output will increase by more than 12 units.
d. poorer than Country B. If Country A adds another unit of capital, output will increase by less than 12 units.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 05:00

The new york stock exchange is an example of what type of stock market?

Answers: 1

Answer

Business, 22.06.2019 09:00

Drag the tiles to the correct boxes to complete the pairs.(there's not just one answer)match each online banking security practice with the pci security requirement that mandates it.1. encrypting transfer of card data2. installing a firewall3. installing antivirus software4. assigning unique ids and user namesa. vulnerability management programb. credit card data protectionc. strong access controlsd. secure network

Answers: 3

Answer

Business, 22.06.2019 20:00

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.

Answers: 3

Answer

Business, 22.06.2019 23:50

When a market is in equilibrium, the buyers are those with the willingness to pay and the sellers are those with the costs.

Answers: 2

Answer

You know the right answer?

Country A and country B both increase their capital stock by one unit. Output in country A increases...

Questions