--%>
Assignment Help - homework help

Explain about marginal revenue

Marginal revenue is: (w) similar as price for a purely competitive firm. (x) defined as the change in total revenue while an additional good is sold. (y) always equated to MC when a firm wants to maximize profits. (z) all of the above.

Please choose the right answer from above...I want your suggestion for the same.

   Related Questions in Microeconomics

  • Q : Problem on mutual funds Provide

    Provide solution of this question. Supposing no other changes, if balances in small time deposits increase by $30 billion and money market mutual funds held by businesses decrease by $30 billion, the: A) M1 and M2 money supplies will not change. B) M2 and MZM money su

    		•
  • Q : Economic inefficiency per unit of output

    When this firm cannot price discriminate, after that the rate of economic inefficiency per unit of output which its exercise of market power yields equals to: (i) area 0PbQ0. (ii) distance af. (iii) area 0fcQ0. (iv) distance bc. (v) r

    		•
  • Q : Income and Inferior Goods problem I

    I have a problem in economics on Income and Inferior Goods problem. Please help me in the following question. For a non-vegetarian, Spam is to filet the mignon as: (1) Luxury goods are to requirements. (2) Complementary goods are to substitute goods.

    		•
  • Q : Define deficient demand Deficient

    Deficient demand: If AD < AS at full employment level, then it is defined as deficient demand.

    		•
  • Q : Shifting of labor demand for Labor The

    The labor demand will shift due to the modifications in all of the given except: (1) Prices of other resources. (2) Prices of the output. (3) MPP (4) Salaries. Can someone please help me in finding out the accurate answer from the

    		•
  • Q : Most perfectly price inelasticity in

    In illustrated graph below, supply is mostly perfectly price inelastic at: (i) point a. (ii) point b. (iii) point c. (iv) point d.

    Q : Earn zero economic profit by

    When a monopolistic competitor is earning zero economic profit, in that case this: (1) sells at a price equal to average total cost. (2) sells at a price equal to marginal cost. (3) is at the minimum point on its average total cost cu

    		•
  • Q : Economic losses driven down to zero

    Exit by a competitive industry will arise till economic: (1) profits are driven to zero. (2) profits counterbalance accounting losses. (3) incomes are equalized for comparable workers. (4) costs are sufficiently below accounting losses. (5) losses are driven down to z

    		•
  • Q : Supply of labor in perfectly

    Supply of labor in perfectly competitive market

    		•
  • Q : Interdependent decision of oligopolies

    Interdependent decision making through firms is most common within: (w) purely competitive industries. (x) monopolized industries. (y) oligopolies. (z) monopolistic competition. Please choose the right answer from

    		•