Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: A baker calculates that by spending $16 on labor and materials, she can bake 10 cakes a day. $24 will allow her to bake 12 cakes, while $36 spent on labor and materials produces 14 cakes. In terms of
capital and labor, the baker has A. increasing marginal returns. B. constant marginal returns. C. decreasing marginal returns. D. negative marginal returns.
A: The answer to your question is C. If she could bake 10 cakes for $16 you would expect her to bake double the amount for double the price. However, she can only bake 14 cakes for 4 extra dollars. [ You can see the definition of decreasing marginal returns (also known as diminishing returns) here: ]
Expert answered|elysia2003|Points 119|
Question
Asked 6/17/2012 9:04:25 AM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,495,359 questions answered
Popular Conversations
3a-5=-6a+1
Weegy: 3a - 5 = - 6a + 1 = a = 0.6666666667 or 2/3. Solution: 3a + -5 = -6a + 1; -5 + 3a = -6a + 1; -5 + 3a = 1 + ...
11/19/2017 2:37:56 PM| 3 Answers
Identify the italicized word. Don gave his "teacher" the note. ...
Weegy: Word bank: (Subject. Predicate. Direct Object. Indirect Object. Predicate Nominative. Predicate Adjective) 1. ...
11/14/2017 7:53:22 PM| 2 Answers
3.85 x 10^-3
Weegy: (3.85 x 10) - 3 User: Give the number of significant figures in this number: 40.00 Weegy: number of ...
11/15/2017 9:18:26 AM| 2 Answers
Paul had three ways to use his allowance money: spend, save, or ...
Weegy: Paul had three ways to use his allowance money: spend, save, or donate. He decided to donate his money to ...
11/16/2017 10:10:42 AM| 2 Answers
Simplify the given equation. 17x - 6 + 3x - 5 = x + 11 + 4x
Weegy: 6 - (3x + 10) + 4(2 - x) = 15 User: (x^2 + 17x + 63) ÷ (x + 8) =
11/16/2017 1:37:20 PM| 2 Answers
What is the new deal?
Weegy: The Second New Deal is the term used by commentators at the time and historians ever since to characterize the ...
11/16/2017 1:53:34 PM| 2 Answers
Solve for x. 7(3 - x) = 8(4 - 2x)
11/17/2017 5:41:10 AM| 2 Answers
Weegy Stuff
S
L
P
Points 186 [Total 311] Ratings 11 Comments 76 Invitations 0 Online
S
P
L
P
Points 25 [Total 155] Ratings 0 Comments 25 Invitations 0 Offline
S
P
P
L
P
P
Points 20 [Total 1658] Ratings 0 Comments 20 Invitations 0 Offline
S
Points 4 [Total 4] Ratings 0 Comments 4 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.