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Author Question: When marginal revenue equals marginal cost, the firm just breaks even. a. True b. ... (Read 55 times)

yoooooman

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on: Jun 30, 2018
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


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Liddy

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

B

Answer to Question 2

B


yoooooman

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

Viet Thy

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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