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

Author Question: A firm in a perfectly competitive industry will expand output as long as: a. marginal revenue is ... (Read 94 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
on: Jun 30, 2018
A firm in a perfectly competitive industry will expand output as long as:
 a. marginal revenue is less than average revenue.
  b. marginal cost is less than marginal revenue.
 c. marginal cost is less than average total cost.
 d. marginal revenue is less than average total cost.

Question 2

Which of the following is an example of in-kind transfer?
 a. Social security benefits
  b. Food stamps
  c. Disability pensions
  d. Unemployment compensations
  e. Earned income tax credit


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kxciann

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


Bob-Dole

  • Member
  • Posts: 547
Reply 2 on: Jun 30, 2018
Excellent

isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

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?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Female roundworm. Roundworms have long, cylindrical bodies with a tough covering. Eggs laid by the ... Female roundworm. Roundworms have long, cylindrical bodies with a tough covering. Eggs laid by the ...
A mini clamp-on digital multimeter can be used to measure alternator output and unwanted AC current ... A mini clamp-on digital multimeter can be used to measure alternator output and unwanted AC current ...
Long Term Control Medications Long Term Control Medications
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Summer squash exhibiting various fruit-shape phenotypes, including disc, long, and sphere Summer squash exhibiting various fruit-shape phenotypes, including disc, long, and sphere
Calculator Output Calculator Output
Video: Hip Animation

For a complete list of videos, visit our video library