« previous next »

Author Question: Marginal cost typically ________ and marginal revenue typically _________ with increasing output. ... (Read 26 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
on: Jul 1, 2018
Marginal cost typically ________ and marginal revenue typically _________ with increasing output.
 a. rises; falls
  b. falls; rises
  c. rises; rises
  d. falls; falls

Question 2

For direct price discrimination to work
 a. The firm need not be able to identify the members of the low-value group
 b. The firm be able to charge the low-value customers a lower price than the higher-value customers
  c. The firm need not worry about any arbitrage since all its customers are charged the same price
  d. It needs to be too complicated for the customers to understand


tashiedavis420

  • Sr. Member
  • ****
  • Posts: 329
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
« previous next »
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
Young children typically are boundlessly curious about the world around them. Young children typically are boundlessly curious about the world around them.
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
Video: Exercise and cardiac output & Definition of stroke volume

For a complete list of videos, visit our video library