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Talk:Economics (view source)

Revision as of 01:15, March 21, 2007

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→‎Questions on Week 6 Homework
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Also in question 8, what exactly is meant by "ever-increasing marginal product."?  Can an infinite amount of food be grown on a single acre given an infinite amount of fertilizer, or is the marginal product of the fertilizer increased when it is spread out over a larger area? Thanks
 
Also in question 8, what exactly is meant by "ever-increasing marginal product."?  Can an infinite amount of food be grown on a single acre given an infinite amount of fertilizer, or is the marginal product of the fertilizer increased when it is spread out over a larger area? Thanks
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: "Ever-increasing marginal product", if extrapolated to infinity, means that an infinite amount of food could be grown given an infinite amount of fertilizer.  It doesn't need more area.  A bit unrealistic, I realize.--[[User:Aschlafly|Aschlafly]] 21:15, 20 March 2007 (EDT)
    
In question 5, is it correct to assume to that "editor" refers to members of the general public who use this sight, and not only to site administrators?  Thanks.
 
In question 5, is it correct to assume to that "editor" refers to members of the general public who use this sight, and not only to site administrators?  Thanks.
Aschlafly
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