Author Question: Which of the following is FALSE? a. Increase production if MR>MC b. Produce where MR=MC c. ... (Read 29 times)

lindiwe

  • Hero Member
  • *****
  • Posts: 577
Which of the following is FALSE?
 a. Increase production if MR>MC
 b. Produce where MR=MC
 c. Average cost is total cost per unit of production
  d. Produce where MR=AC

Question 2

The consequences of price discrimination are
 a. Consummate more transactions
  b. Extract more consumer surplus
  c. Increase producer surplus
 d. All of the above



Joc

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

d

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Joc

  • Sr. Member
  • ****
  • Posts: 317

 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

For a complete list of videos, visit our video library