Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
justinw2200 justinw2200
wrote...
Go to Answer
Posts: 471
Rep: 14 0
5 years ago

Question 1.

________ is (are) most likely a variable cost for a firm.



▸ The monthly lease payment on a delivery truck that is leased for three years

▸ The plumbing company's annual licensing fee

▸ The quarterly payments for a two-year maintenance contract for copy machines

▸ Monthly health insurance expenses for employees

Question 2.

In a short-run production process, a diminishing marginal product of labor explains why marginal cost is



▸ positive and rising.

▸ positive but falling.

▸ zero.

▸ negative and falling.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 84 times
2 Replies
Replies
Answer verified by a subject expert
jzhu11jzhu11
wrote...
#1
Posts: 414
Rep: 63 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

justinw2200 Author
wrote...
#2
5 years ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1270 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 258
  
 252
  
 175