Which of the following explains why the marginal cost curve has a U shape? A) Initially, the marginal product of labor falls, then rises. B) Initially, the marginal product of labor rises, then falls. C) Initially, the average cost of production rises, then falls. D) Initially, the average product of labor rises, then falls.

Who is not spending wisely? erika goes shopping and saves her receipts. she totals how much she spent and writes it down. mia needs to buy a new pair of shoes because she joined the soccer team. she looks at newspaper ads to find the best price. lauren has been thinking about getting a puppy for a long time. she walks by the pet store at the mall and decides to get a puppy. erin makes a purchase online using a credit card. she knows that she can pay the entire bill when it arrives.

Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate?

When making a major purchase, i often spend months to learn all the issues?