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

Author Question: The supply curve for a perfectly competitive firm is its marginal cost curve for all levels of ... (Read 173 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
The supply curve for a perfectly competitive firm is its marginal cost curve for all levels of output.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

At the point where total utility is at its peak, marginal utility is:
 a. zero.
  b. positive.
  c. negative.
  d. positive, but declining.
  e. positive, but increasing.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

upturnedfurball

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

a


moongchi

  • Member
  • Posts: 516
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Eye ball perfectly labelled (map) Eye ball perfectly labelled (map)
The Light Curve of a Nova The Light Curve of a Nova
Levels of protein structure: Quaternary structure Levels of protein structure: Quaternary structure
Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012 Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012
An overview of the levels of organization in nature An overview of the levels of organization in nature
A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ... A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ...
Video: Acid-base imbalances - metabolic acidosis and alkalosis

For a complete list of videos, visit our video library