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caillacakes caillacakes
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Posts: 511
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4 years ago
Acres of LandTanks of FertilizerTruckloads of Potatoes
20028
20170
202105
203135
204152
205141

Table 2.4


Refer to Table 2.4. What can be observed about the given resources?

▸ Land is variable but fertilizer is fixed.

▸ Land and fertilizer are both fixed.

▸ Land is fixed but fertilizer is variable.

▸ Land and fertilizer are both variable.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
Read 241 times
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Matt. D.Matt. D.
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4 years ago
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wrote...
#2
4 years ago
Acres of LandTanks of FertilizerTruckloads of Potatoes
20028
20170
202105
203135
204152
205141

Table 2.4


Refer to Table 2.4. Increasing the tanks of fertilizer from 3 to 4 will increase the truckloads of potatoes by:

▸ 152.

▸ 35.

▸ 17.

▸ 11.
wrote...
#3
4 years ago
17.
wrote...
#4
4 years ago
Thank you, thank you, thank you!
wrote...
#5
4 years ago
Acres of LandTanks of FertilizerTruckloads of Potatoes
20028
20170
202105
203135
204152
205141

Table 2.4


Refer to Table 2.4. Increasing the tanks of fertilizer from 4 to 5 will:

▸ increase truckloads of potatoes.

▸ decrease truckloads of potatoes.

▸ require more acres of land.

▸ have no effect on truckloads of potatoes.
wrote...
#6
4 years ago
decrease truckloads of potatoes.
wrote...
#7
4 years ago
Acres of LandTanks of FertilizerTruckloads of Potatoes
20028
20170
202105
203135
204152
205141

Table 2.4


Refer to Table 2.4. The principle of diminishing returns sets in with the addition of the ________ tank of fertilizer.

▸ second

▸ third

▸ fourth

▸ fifth
wrote...
#8
4 years ago
second
wrote...
#9
4 years ago
You make an excellent tutor!
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