Output level on marginal revenue and marginal cost
When the firm produced at output level q2, this produced where: (w) MR = MC. (x) MR > MC. (y) MR < MC. (z) P < MC. Can someone explain/help me with best solution about problem of Economics...
When the firm produced at output level q2, this produced where: (w) MR = MC. (x) MR > MC. (y) MR < MC. (z) P < MC.
Can someone explain/help me with best solution about problem of Economics...
Give the answer of following question. Refer to the given data. The marginal cost of producing the sixth unit of output is: A) $24. B) $12. C) $16. D) $8. Q : Problem on price elasticity The firm’s The firm’s net revenue grows whenever the price of a good is cut when the price elasticity of: (i) Demand surpass the price elasticity of supply. (ii) Replacement goods are less than one. (iii) Supply is in an associatively elastic range. (iv) D
The firm’s net revenue grows whenever the price of a good is cut when the price elasticity of: (i) Demand surpass the price elasticity of supply. (ii) Replacement goods are less than one. (iii) Supply is in an associatively elastic range. (iv) D
Describe three properties of a variable proportions production function that make sure that it allow profit maximization and cost minimization.
Most of the economists believe firms tend to proficiently maximize the profits since of: (i) Stockholder pressure. (ii) Competition for the management positions. (iii) Principal-agent conditions. (iv) The chance of corporate take-over. Q : Rate of return onto investment When the When the rate of return on investment equals the interest rate, in that case investment will: (w) rise. (x) fall. (y) not change. (z) Any of the above is possible. Hey friends please give your opin
When the rate of return on investment equals the interest rate, in that case investment will: (w) rise. (x) fall. (y) not change. (z) Any of the above is possible. Hey friends please give your opin
Purely competitive markets and monopolistically competitive markets have in general: (1) the collusive tendencies of large rival firms. (2) extensive negotiations about prices among buyers and sellers. (3) freedom of entry and exit wi
Why Vietnam divided into two different nations?
The economic cost borne by you as the college student which would be ignored by the bookkeeper whenever computing costs however that economists would consider the implicit cost of your education would be: (1) Food, similar costs and rent which you would incur even whe
A monopoly is a type of market structure in that one: (w) seller makes up the industry. (x) giant firm is a price taker. (y) barrier to entry exists. (z) giant firm is the particular buyer of resources. Q : Examples of Substitution goods Illustrations of goods which are close substitutes comprise: (i) Technology and capital. (ii) Motorcycles and helmets. (iii) Chopsticks and forks. (iv) Cowhides and beef. Find out the right answer from the above op
Illustrations of goods which are close substitutes comprise: (i) Technology and capital. (ii) Motorcycles and helmets. (iii) Chopsticks and forks. (iv) Cowhides and beef. Find out the right answer from the above op
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