--%>
Assignment Help - homework help

Marginal Benefits

The marginal advantage/profit to you of a usual activity in which you engage tends to: (i) Raise as long as you enjoy the activity. (ii) Eventually reduce as you do more of activity. (iii) Stabilize when the market price of doing the activity stay constant. (iv) Improve your expertise as you follow the activity more conscientiously. (v) Never become negative when it has ever been positive.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : Short-run supply curve of the firm For

    For a competitive firm the short-run supply curve is the: (w) marginal cost curve which is above the average total cost curve. (x) marginal cost curve which is above the average variable cost curve. (y) upward sloping part of the marginal cost curve.

    		•
  • Q : Featherbedding-Carpenter union problem

    The carpenters union is capable to force agreement by the furniture manufacturer in Loblolly, North Carolina which the plant hire at least one carpenter per machine to ensure performance at such stations is proficient. This now outlawed strategy is termed as: (i) Feat

    		•
  • Q : Caveat emptor-Laws and Regulations The

    The Caveat emptor is a prehistoric legal doctrine mainly based on the idea that buyer: (1) Are the finest judges of the value that they will receive when they purchase. (2) Must receive money back guarantees when products are flawed. (3) Need governme

    		•
  • Q : Scope of spiral and waterfall approach

    Explain the difference in changing the scope between a spiral approach and a waterfall approach?

    		•
  • Q : Positive sloped labor supply curve Can

    Can someone help me in finding out the right answer from the given options. The monopsonist in labor market faces a: (1) Totally elastic demand for labor. (2) Completely elastic supply of the labor. (3) Completely inelastic supply of the labor. (4) Positively sloped l

    		•
  • Q : Problem on Decisions at the Marginal

    The least clear illustration of how decisions are generally at the margin would be: (i) A floral shop hiring an additional clerk and opening earlier in hopes of increasing revenues by half. (ii) Eating less whenever the menu is a-la-carte than at an ‘all-you-can

    		•
  • Q : Supply of good in competitive economy

    When the supply of a good shrinks in a competitive economy, there tends to be a raise in the: (1) Product price. (2) Incomes of producers. (3) Demand for resources. (4) Quantity supplied. Can someone please help me

    		•
  • Q : Problem on siyazama production

    The table below  contains information about  the production possibilities frontier ( PPF or PPC)  of siyazama agricultural cooperative.

  • Q : Excess of good in market problem The

    The excess of papayas would appear when: (1) seller’s supply prices increase to P1. (2) Govt. set a price ceiling of P1. (3) Growers predicted prices to soar. (4) Hurricane destroyed all Central American papaya plantations. (5) Government obliged a price floor o

    		•
  • Q : Protect monopolistic firms by barriers

    Barriers to entry which may protect monopolistic firms through losing market power across time do not comprise: (i) legal or regulatory barriers. (ii) artificial barriers. (iii) collusive barriers. (iv) strategic barriers. (v) natural

    		•