This topic contains a solution. Click here to go to the answer

Author Question: Arbitrage in foreign exchange and gold are both common as buyers can bargain with the sellers on the ... (Read 93 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
Arbitrage in foreign exchange and gold are both common as buyers can bargain with the sellers on the market price.
  Indicate whether the statement is true or false

Question 2

The profit of a firm is maximized when:
 a. marginal revenue is maximum.
  b. marginal revenue is greater than marginal cost.
  c. marginal revenue is equal to marginal cost.
  d. marginal cost is minimum.
  e. marginal revenue is less than marginal cost.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tranoy

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

F

Answer to Question 2

c





 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

For a complete list of videos, visit our video library