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Author Question: Marginal revenue for a perfectly competitive firm equals: a. the addition to total cost from ... (Read 31 times)

arivle123

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on: Jun 30, 2018
Marginal revenue for a perfectly competitive firm equals:
 a. the addition to total cost from producing one more unit of output.
  b. average revenue at all levels of output.
 c. marginal cost at all levels of output.
 d. average total cost at all levels of output.

Question 2

If coal is extracted in an unsustainable manner in the current period, the price for steel is likely to increase in future.
 a. True
  b. False
  Indicate whether the statement is true or false


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Carliemb17

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


arivle123

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

peter

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Reply 3 on: Yesterday
:D TYSM

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