« previous next »

Author Question: Marginal revenue a. Is the additional revenue incurred by selling one more unit b. Is the total ... (Read 218 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jul 1, 2018
Marginal revenue
 a. Is the additional revenue incurred by selling one more unit
  b. Is the total revenue incurred by selling one more unit
  c. Is the total revenue incurred by selling all the firm's output
  d. Is the difference between total revenue and total costs

Question 2

For a mortgage lender that makes mortgage loans to borrowers, which one of the following would be an example of adverse selection?
 a. After the loan has been made, individuals become careless with their finances
  b. Individuals most likely to default are the ones most likely to apply for the loan
  c. Borrowers investing their loan proceeds differently than the bank requires
  d. None of the above


anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jul 1, 2018
Correct answers!


anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Formation of additional eyes in Drosophila caused by the abnormal expression of a master control gen Formation of additional eyes in Drosophila caused by the abnormal expression of a master control gen
A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
Find the lateral area, total surface area, and volume of the frustum Find the lateral area, total surface area, and volume of the frustum
A company that makes environmental measuring devices has calculated their revenue and costs as ... A company that makes environmental measuring devices has calculated their revenue and costs as ...
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: Bipolar Disorder

For a complete list of videos, visit our video library