This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: For a perfectly competitive firm, price is the same as A) marginal revenue. B) average variable ... (Read 44 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
For a perfectly competitive firm, price is the same as
 
  A) marginal revenue.
  B) average variable cost.
  C) total revenue.
  D) Both answers A and B are correct.

Question 2

The horizontal axis on a time-series graph
 
  A) measures the variable being graphed.
  B) measures units of time such as years.
  C) runs parallel to the y-axis.
  D) measures how the variable being graphed changes.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AmberC1996

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


anjilletteb

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

  • Member
  • Posts:
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater
Betelgeuse is a semiregular variable star Betelgeuse is a semiregular variable star
Negative feedback control of a regulated variable. Negative feedback control of a regulated variable.
If the random variable x is exponentially distributed with parameter λ = 4, then P(x ≤ ... If the random variable x is exponentially distributed with parameter λ = 4, then P(x ≤ ...
Identify the variable representing each described quantity in the equation Identify the variable representing each described quantity in the equation
In 2000, the average charge of tax preparation was 95 . Assuming a normal distribution and a ... In 2000, the average charge of tax preparation was 95 . Assuming a normal distribution and a ...
Video: Gas exchange - partial pressure, locations, external and internal respiration

For a complete list of videos, visit our video library