--%>
Assignment Help - homework help

Marginal revenue and monopoly

For a nondiscriminating monopolist, the marginal revenue is: (w) identical to price. (x) always positive. (y) always less than price. (z) always greater than price.

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Microeconomics

  • Q : Problem based on shift of the

    Technological advance in producing both capital goods and consumer goods is illustrated by the shift of the production possibilities curve from AB to: 1) CD. 2) EB. 3) AF. 4) GH.

    Q : Nondiscriminating monopolists in short

    Within short run equilibrium, there nondiscriminating monopolists will: (w) charge prices greater than their marginal costs. (x) produce outputs which maximize social welfare. (y) produce where their total revenues are maximized. (z)

    		•
  • Q : Reduced monopoly power by oligopolistic

    The allocative inefficiency commonly related with the exercise of market [i.e., monopoly] power tends to be reduced when oligopolistic firms: (1) differentiate their products by competitive advertising. (2) price discriminate based upon the price elas

    		•
  • Q : Taft-Hartley Act and Closed Shops Can

    Can someone help me in finding out the right answer from the given options. The Taft Hartley Act of 1946 made it illegal to encompass a: (1) Right-to-work law passed by the state legislature. (2) Conviction for the misdemeanor and serve as union officer. (3) Union for

    		•
  • Q : Official poverty rate for income

    For U.S. families official poverty rates are: (w) higher than in most other countries. (x) very similar for different types of families. (y) higher for the middle class than for lower class families. (z) lower than in most other countries if poverty i

    		•
  • Q : Equality Income distribution in

    According to the equality standard of income distribution: (i) an equal distribution of income maximizes society’s economic welfare. (ii) income must be divided in proportion to need. (iii) income must be commensurate with productivity. (iv) fac

    		•
  • Q : Market power in the output market The

    The profit-maximizing firm which is perfectly competitive in the resource market however which consists of market power in the output market will hire the labor at a point where: (1) VMP = MRP = MFC = w. (2) VMP>MRP=MFC=w. (3) VMP=MRP=MFC>w. (4)

    		•
  • Q : Reliablity with standard economic

    Which of the given behaviors is least reliable with standard economic suppositions regarding consumer behavior? (i) Gustav cannot decide which of three distinct combinations of goods he favors. (ii) Lynn hates pickled herring; however Chris is willing

    		•
  • Q : Quantity sold of total revenue of pure

    Total revenue of a pure competitor is its quantity sold that is multiplied by its: (w) profit per unit. (x) price per unit. (y) average variable cost. (z) overhead cost per unit. Can someone explain/help me with be

    		•
  • Q : Tax cutting affect the economy How does

    How does tax cuts affect the economy?

    		•