1. If marginal product is decreasing, then average product must also be decreasing. 2. For a fixed-proportion technology, inputs cannot be substituted for each other in production. 3. The marginal ...

If you track your daily earnings using an Excel spreadsheet, you can use the same spreadsheet to estimate your projected earnings over any time period. Using Excel's "AVERAGE" function, you can ...

Microsoft Excel is a widely used spreadsheet software that has been around for decades. To learn Excel, start slowly, play around with the basics, and seek out online tutorials. Excel is part of the ...

The Journal of Industrial Economics was founded to promote and publish the analysis of modern industry and it has a truly international circulation and spread of contributors. It publishes innovative ...