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

Author Question: When marginal revenue equals marginal cost, the firm just breaks even. a. True b. ... (Read 29 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
When marginal revenue equals marginal cost, the firm just breaks even.
 a. True
  b. False

Question 2

Which of the following would not bar entry into a market?
 a. control by a single firm of an essential resource
  b. the necessity of taking risks when starting a firm
  c. patents
  d. economies of scale
  e. government regulations limiting the number of firms in an industry



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Liddy

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

B

Answer to Question 2

B




yoooooman

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Excellent


okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

For a complete list of videos, visit our video library