menu
Qamnty
Login
Register
My account
Edit my Profile
Private messages
My favorites
The marginal revenue product curve of a purely competitive seller declines solely because of the law of diminishing returns. select one: a. True b. False
Ask a Question
Questions
Unanswered
Tags
Ask a Question
The marginal revenue product curve of a purely competitive seller declines solely because of the law of diminishing returns. select one: a. True b. False
asked
Jun 22, 2019
30.2k
views
1
vote
The marginal revenue product curve of a purely competitive seller declines solely because of the law of diminishing returns. select one:
a. True
b. False
Business
high-school
Will Pierce
asked
by
Will Pierce
8.2k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
5
votes
The answer to the question is true
Daniel Leschkowski
answered
Jun 28, 2019
by
Daniel Leschkowski
8.8k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Mar 15, 2020
117k
views
The law of diminishing returns, as it applies to labor, means that A. the marginal product of labor eventually declines. B. the marginal product of labor will eventually be a horizontal line at zero. C.
Erbal
asked
Mar 15, 2020
by
Erbal
8.7k
points
Law
college
1
answer
3
votes
117k
views
asked
Apr 2, 2020
33.9k
views
Explain why marginal product first rises, then declines, and ultimately becomes negative. What bearing does the law of diminishing returns have on short-run costs? Be specific. "When marginal product is
Kbdjockey
asked
Apr 2, 2020
by
Kbdjockey
8.2k
points
Business
college
1
answer
2
votes
33.9k
views
asked
Nov 18, 2021
65.6k
views
The marginal product of labor is 110 cups for the first worker, 90 cups for the second worker, and 70 cups for the third worker. The MPL declines due to the principle of diminishing returns to labor. The
Rafaello
asked
Nov 18, 2021
by
Rafaello
8.6k
points
Business
high-school
1
answer
5
votes
65.6k
views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.
Categories
All categories
Mathematics
(3.7m)
History
(955k)
English
(903k)
Biology
(716k)
Chemistry
(440k)
Physics
(405k)
Social Studies
(564k)
Advanced Placement
(27.5k)
SAT
(19.1k)
Geography
(146k)
Health
(283k)
Arts
(107k)
Business
(468k)
Computers & Tech
(195k)
French
(33.9k)
German
(4.9k)
Spanish
(174k)
Medicine
(125k)
Law
(53.4k)
Engineering
(74.2k)
Other Questions
Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qamnty