« previous next »

Author Question: In a perfectly competitive market industry, firm's prices are equal to a. Average revenue b. ... (Read 107 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?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

(a) Mean duration (days) and (b) average maximum depth (mm) of snow cover throughout northern latitu (a) Mean duration (days) and (b) average maximum depth (mm) of snow cover throughout northern latitu
Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae
Average Chemical Composition of the Geosphere Crust Average Chemical Composition of the Geosphere Crust
Basic two-handed kneading. Tissues are lifted with the whole hand in firm contact. Basic two-handed kneading. Tissues are lifted with the whole hand in firm contact.
Food policy can drive the food industry Food policy can drive the food industry
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library