Which of the following is never negative?

a. marginal product
b. average product
c. production elasticity
d. marginal rate of technical substitution
e. slope of the isocost lines

b

Economics

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Net revenue is defined as

A) marginal revenue minus marginal cost. B) total revenue minus marginal cost. C) total revenue minus total cost. D) gross revenue minus depreciation.

Economics

Explain how the terms of trade index is calculated and what it means

Economics