« previous next »

Author Question: If a firm wished to maximize total revenues, it should produce where: a. marginal cost is zero. b. ... (Read 25 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Jul 1, 2018
If a firm wished to maximize total revenues, it should produce where:
 a. marginal cost is zero.
  b. marginal revenue is zero.
  c. marginal revenue is equal to marginal cost.
  d. marginal revenue is equal to price.

Question 2

Electricity pricing that varies in its billing expense throughout the day is called
 a. marginal cost pricing
  b. variable pricing
  c. full cost pricing pricing
  d. marginal pricing
 e. dynamic pricing


cadimas

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

ishan

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Jul 1, 2018
Thank you


cadimas

  • Sr. Member
  • ****
  • Posts: 362
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

A single crossover cannot produce a viable recombinant A single crossover cannot produce a viable recombinant
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Percentage of Foreign-Born Whites and Native Whites of Foreign or Mixed Parentage in Total Populatio Percentage of Foreign-Born Whites and Native Whites of Foreign or Mixed Parentage in Total Populatio
The primary response causes B cells to produce memory B cells and a few antibodies. The second ... The primary response causes B cells to produce memory B cells and a few antibodies. The second ...
An engine in good mechanical condition should produce 17 to 21 inches Hg of vacuum at idle at sea ... An engine in good mechanical condition should produce 17 to 21 inches Hg of vacuum at idle at sea ...
Bt corn has been genetically engineered to produce a protein Bt corn has been genetically engineered to produce a protein
Video: Leukemia

For a complete list of videos, visit our video library