Author Question: In a purely competitive market place, the firm's output will be determined by A) where MR = MC. ... (Read 55 times)

cmoore54

  • Hero Member
  • *****
  • Posts: 568
In a purely competitive market place, the firm's output will be determined by
 
  A) where MR = MC.
  B) where MR = y/N.
  C) where MP = y/N.
  D) where MC = P.

Question 2

What is the relationship between debt, falling commodity prices and rainforest degradation?
 
  What will be an ideal response?



tanna.moeller

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

A

Answer to Question 2

Discussed in the chapter.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

For a complete list of videos, visit our video library