--%>
Assignment Help - homework help

Negative marginal revenue

Monopolies will not function in the inelastic portion of the demand curves they face since: (w) marginal revenue is negative. (x) total revenues are negative. (y) total revenue falls as less is produced. (z) marginal revenue is always greater than marginal cost at that point.

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

   Related Questions in Microeconomics

  • Q : Shifting supply of curve by entry of

    When the price for Christmas trees is initially P1, in that case in the long run: (w) firms will neither enter nor exit this industry. (x) entry of firms will shift curve supply curve A to the right. (y) exit of firms will shift supply curve A to the left.

    		•
  • Q : Increase output to increase profit When

    When the last unit produced and sold adds $100 to revenue of a firm and $75 to its costs, this will: (a) increase output to increase profit. (b) reduce output to increase profit. (c) maintain similar level of output to maximize profit. (d) shut down.

    Q : Monetary price and Transaction Costs

    You are more probable to shop at a remote farmer’s market at a lower monetary price instead of purchasing apples at a higher monetary price at the local grocery store if: (i) Possible, as production is cheaper at the farmer’s market. (ii) You want to purch

    		•
  • Q : Economies of scale exist in range of

    Natural monopoly refers to a market or industry in that: (w) economies of scale exist across much of the complete range of market demand. (x) superior management enables a firm to remove its competitors. (y) a firm produces a good protected through pa

    		•
  • Q : Merits of regional integration

    Elucidate the merits of regional integration?

    		•
  • Q : Problem on effect of a price decrease

    1. Is it possible for any country to have made gains in access (at the expense of quality) of their rural healthcare system, without any gains in efficiency?  Explain using a PPF diagram.2. If the own price elasticity for a good is -2.5, what is the l

    		•
  • Q : Oligopolistic nature of industries The

    The oligopolistic nature of several industries is probably to be attributable to: (1) overly expansionary macroeconomic policies. (2) corporate instability. (3) economies of scale. (4) cooperative gaming. (5) unstable Nash equilibrium.

    Q : What is APC What is APC ? Answer : APC=

    What is APC? Answer: APC= C/Y.The ratio of income to consumption is termed as APC.

    		•
  • Q : Monopsony and Marginal Resource Cost

    The labor monopsonist which doesn’t wage discriminates consists of a marginal resource cost curve [or marginal factor cost curve] which is above the labor supply curve then the firm faces as: (1) Monopsonists encompass market power in the markets for output. (2)

    		•
  • Q : Problem regarding monopsonistic

    I have a problem in economics on monopsonistic exploitation. Please help me in the following question. The Labor union contracts, an analogous worth rule or the minimum wage laws might boost equilibrium employment when a firm has been practicing: (1)

    		•