Equivalent of marginal revenue
Problem: When total revenue increases from $18,000 to $26,000 when quantity increases from eight to ten, marginal revenue is equal to:
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Problem: Which of the following is an example of how the question of "what goods and services to produce?" is answered by the command process?
Economists consider which of the following costs to be irrelevant to a short-run business decision?
Which of the following is a relevant cost? a. replacement cost b. sunk cost c. historical cost d. fixed cost e. all of the above are relevant.
Problem: Which of the following cost relationships is not true? a. AFC = AC - MC b. TVC = TC - TFC c. the change in TVC/the change in Q = MC d. the change in TC/ the change in Q = MC
A open economy has a marginal propensity to import (MPI) equal to 0.2 and a marginal propensity to consume equal to 0.7. What is spending multiplier of this economy?
What conditions must be satisfied for SAR Publisher to practice price discrimination between the two markets?
Give an personal example of a reverse logistics system you've experienced as a consumer. Were you satisfied with the cycle time of the process and what steps did the company take to guarantee your satisfaction.
Question: Who would bear the brunt of a national sales tax on tobacco products? Why?
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