--%>

Problem based on ATC-MR and MC

If $4 is Firm B's profit-maximizing price, its: A) ATC must be $4. B) MC must be $4. C) MR must be $4.  D) MC must be zero.

541_ghhhhhhjjjjjj.png

Help me to get through this problem.

   Related Questions in Microeconomics

  • Q : Needs of Investments Investments

    Investments require: (w) current outlays, and yield current returns. (x) current outlays, and yield future returns. (y) future outlays, and yield current returns. (z) future outlays, and yield future returns. Pleas

  • Q : Problem on shortages or surpluses of

    The market is cleared when there are: (i) Buyers left waiting in line. (ii) Surplus supplies of unsold goods. (iii) No surpluses or shortages. (iv) Tendencies for the prices to increase. Can someone please help me in finding out th

  • Q : Definitions of Poverty by Researchers

    Some researchers have attempted to define poverty: (1) as the lowest 20% of the income distribution. (2) through estimates of the fundamental needs for families having various characteristics. (3) by estimating the costs of the minimum caloric intake

  • Q : Total variable costs of

    This profit-maximizing competitive firm’s total variable costs or TVC as in illustrated figure can be computed area as: (i) 0P3fq4. (ii) P2P1de. (iii) P3P2ef. (iv) 0P2eq4. (v) aced.

    Q : Marginal social cost and marginal

    If marginal social cost (MSC) equivalents marginal social benefit (MSB) as: (i) no injurious pollutants are being pumped within the environment. (ii) consumers enjoy more surplus than do producers. (iii) producers surplus is minimized

  • Q : Hike within the minimum legal wage

    Labor market advises that a hike within the minimum legal wage from $5 per hour to $8 per hour will decrease: (1) the crime rate by 3,000. (2) national unemployment rates. (3) employment among unskilled workers by approximately 1,500 positions. (4) th

  • Q : Imposition of price ceilings The

    The imposition of price ceilings which are below equilibrium generally results within: (w) shortages and net decreases in economic efficiency. (x) more efficient allocations of scarce resources. (y) greater consumer satisfaction and b

  • Q : Problem on market demand for chewing gum

    The market demand for the chewing gum is as: QG = 300 – 40PG – 8PS + 0.05IHere:QG = Quantity of gum demandedPG = price of gumPS = price of sodaI = average inc

  • Q : Why production possibilities curve

    What is the reason that production possibilities curve concave? Elucidate.

  • Q : Market power of profit maximizing firm

    Profit-maximizing firms which have market power: (w) are mostly always subject to government price ceilings. (x) decide how much to produce and what price to charge after estimating both their production costs and market demand, altho