« previous next »

Author Question: Above the shutdown point, a competitive firm's supply curve coincides with its: a. marginal revenue ... (Read 51 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
Above the shutdown point, a competitive firm's supply curve coincides with its:
 a. marginal revenue curve.
  b. marginal cost curve.
  c. average variable cost curve.
  d. average total cost curve.

Question 2

A horizontal demand curve indicates perfectly elastic demand.
 a. True
  b. False
  Indicate whether the statement is true or false


Pamela.irrgang@yahoo.com

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

ghost!

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Jun 30, 2018
Thank you


Pamela.irrgang@yahoo.com

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Coronary circulation. (A) Coronary vessels portraying the complexity and extent of the coronary circ Coronary circulation. (A) Coronary vessels portraying the complexity and extent of the coronary circ
An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
Effect-log dose curve for the analgesic action of three narcotics and aspirin. Hydromorphone is more ... Effect-log dose curve for the analgesic action of three narcotics and aspirin. Hydromorphone is more ...
What mass, in grams, of a 5.00% by mass sugar water solution is needed to supply What mass, in grams, of a 5.00% by mass sugar water solution is needed to supply
A genetic map showing the location of revertible (point) mutants of the rll region A genetic map showing the location of revertible (point) mutants of the rll region
Point Mutations Point Mutations
Video: Heart sounds

For a complete list of videos, visit our video library