« previous next »

Author Question: In a perfectly competitive market industry, firm's prices are equal to a. Average revenue b. ... (Read 93 times)

amal

  • Hero Member
  • *****
  • Posts: 572
on: Jul 1, 2018
In a perfectly competitive market industry, firm's prices are equal to
 a. Average revenue
  b. Marginal revenue
  c. Both a and b
  d. None of the above

Question 2

Simplified trend models are generally appropriate for predicting the turning points in an economic time series.
 a. true b. false


batool

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

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?

The FDA recognizes 118 routes of administration.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater
Eye ball perfectly labelled (map) Eye ball perfectly labelled (map)
A substrate and its competitive inhibitor A substrate and its competitive inhibitor
Main Hall, Trajan's Market Main Hall, Trajan's Market
In 2000, the average charge of tax preparation was 95 . Assuming a normal distribution and a ... In 2000, the average charge of tax preparation was 95 . Assuming a normal distribution and a ...
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: PET Scan Animation

For a complete list of videos, visit our video library