This topic contains a solution. Click here to go to the answer

Author Question: For perfectly competitive firms (Read 30 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598

Question 1

The ________ that a firm takes in when it increases output by one additional unit is marginal revenue.


◦ total revenue
◦ added revenue
◦ extra resources
◦ additional labor

Question 2

For perfectly competitive firms


◦ marginal revenue equals total revenue.
◦ marginal revenue equals price.
◦ total revenue equals price.
◦ All of these


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by nmorano1 on Apr 19, 2019

ky860224

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly



nmorano1

  • Hero Member
  • *****
  • Posts: 598
Reply #2 on: Apr 19, 2019
Excellent



ky860224

  • Sr. Member
  • ****
  • Posts: 350
Reply #3 on: Apr 19, 2019
Great! Please up vote :D



 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

For a complete list of videos, visit our video library