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PLEASE HELP!
1) Productive activity includes all BUT a) stockbrokers b) loan officers at a bank c)work
around the house you perform d) service industries e) none of aboce
2) marginal factor cost is defined as the amount that an additional unit of the variable unit of the
variable input adds to _________. a) marginal costs b) variable costs c) marginal rate of
technical substitution d) total cost e) none of above
Solution
Hi,
Please find the correct answer as follows:
1) the correct answer is option (E), None of the above
2) the correct answer is option (D), total cost

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Productive Activity & Marginal Cost Quiz Answers

  • 1. PLEASE HELP! 1) Productive activity includes all BUT a) stockbrokers b) loan officers at a bank c)work around the house you perform d) service industries e) none of aboce 2) marginal factor cost is defined as the amount that an additional unit of the variable unit of the variable input adds to _________. a) marginal costs b) variable costs c) marginal rate of technical substitution d) total cost e) none of above Solution Hi, Please find the correct answer as follows: 1) the correct answer is option (E), None of the above 2) the correct answer is option (D), total cost