Answer the question on the basis of the following output data for a firm. assume that the amounts of all nonlabor resources are fixed. number of workers units of output 0 0 1 40 2 90 3 126 4 150 5 165 6 180 diminishing marginal returns become evident with the addition of the multiple choice a. sixth worker. b. second worker. c. third worker. d. fourth worker.

How did lani lazzari show her investors she was a good investment? (site 1)

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.

Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.