User Account

All Pages

Keeping the law of diminishing returns in mind

Assignment Help Microeconomics
Reference no: EM13317937

Keeping the Law of Diminishing Returns in mind, comment on the quality of teaching and learning that occur when a resident successively works her 60th, 70th, 80th and 90th hours in a week.

Reference no: EM13317937

Questions Cloud

Program the mrp for the individual project problem : Program the MRP for the Individual Project Problem below and solve it with the use of POM-QM for Windows. (Refer to Appendix IV in the Heizer and Render (2011) textbook.
Calculate sharon''s basis in the inventory received : The Watson Trust incurred the following items during the year. Partnership's Basis in Asset Asset's Fair Market Value Cash $80,000 $80,000 Inventory $130,000 $150,000 Land $90,000 $105,000 (I) Calculate Sharon's recognized gain or loss on the distrib..
State commodity in which each country has absolute advantage : State the commodity in which each country has absolute advantage. Identify the commodity of comparative advantage for each country. Justify your answer Indicate the gains to Zambia and Tanzania if the two countries exchanged 6 barrels of oil for 6 ya..
Graph shows number of workers along the horizontal axis : Graph shows number of workers along the horizontal axis and wages along the vertical axis. Coordinates are plotted to indicate a downward-sloping diagonal line
Keeping the law of diminishing returns in mind : Keeping the Law of Diminishing Returns in mind, comment on the quality of teaching and learning that occur when a resident successively works her 60th, 70th, 80th and 90th hours in a week.
How is operational efficiency of a plant defined : Why do shifts in production function takes place & how does it affect operational efficiency?
What is the expected demand for gasoline at the end of this : At the beginning of this year, daily consumption of gasoline in the US amounted to 344 million gallons. It is estimated that for every 10% increase in the price of gasoline, the demand for gasoline reduces by 2.00%.
How many crates of grapes will it produce in a typical month : Ascaro incurs monthly total costs according to the function TC= 49+4q+q2 and monthly marginal costs according to the function MC= 4+2q, where q is the quanity of grapes produced bu Ascaro.
Relate the law of conservation of matter and energy : Relate the law of conservation of matter and energy to the air pollution problem; and

Reviews

Write a Review

 

Microeconomics Questions & Answers

  Explain equation of the demand curve

Based on the demand curve for asparagus above, what is the relationship between asparagus and good Z? What is the equation of the demand curve for asparagus if the price of good Z is $20?

  How market structure affects market performance

Explain how market structure affects market performance and conduct. Identify three types of government regulation that help to improve market performance and conduct

  Opec conflicting motives

Why were the members of OPEC trying to agree to cut production? Why do you suppose OPEC was unable to agree on cutting production? Why did the oil market go into 'turmoil' as a result?

  Efficiency of technical and economic

At a management luncheon, two managers were overeat arguing about the following statement "A manager must never hire another worker if new person diminishing returns". Is this statement correct? If so, why? If not, discuss why not?

  Behavior of profit-maximizing firms

Consider a firm which employs capital and labor as inputs and sells 5,000 units of output per year at the going market price of $10. As well suppose that total labor costs to the firm are $45,000 annually.

  Explain how the problems are interconnected.

Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound money supply, a low saving rate, poor capital base, and lack of foreign exchange. Explain how these problems are inte..

  The money and banking system in the u.s

During a fast and furious brainstorm session, Jill scribbled down several key phrases she will use to study tomorrow.

  Explain arrow''s impossibility theorem

On their way to their chosen resturant, they see that the Mexican and French resturants are closed, so they use a Borda count again to decide between the remaining two restaurants. Where do they decide to go now?

  Explain-conservationists want to save too many spotted owls

Consider this statement: “Conservationists want to save too many spotted owls.” Use graphical analysis accompanied by a concise narrative discussion.

  How to identify factors that led to countrys trade deficit

Can you identify factors that led to our country's trade deficit? Do you believe our country has developed a great dependency upon foreign goods and natural resources in which manufacturing and production have been hindered domestically as a resul..

  Find the variance

W(sub)a= 1/a1(Y1)+1/a2(Y2)+1/a3(Y3)+1/a4(Y4) where a(i) are the constants. a) What restriction on the ai is needed for Wa to be an unbiased estimator of mu? b) Find the variance of Wa.

  How much would monopolist sell in each market

Consider a firm that is a monopolist in the domestic market facing a demand curve given by p = 100 - q, but can also sell in the world market where there is perfect competition and the market price is 60. The firm is a price taker in the world mar..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd