This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Profit-maximizing firms increase production up to the point at which the last unit of the variable ... (Read 79 times)

kmcolvin

  • Full Member
  • ***
  • Posts: 140
on: Oct 12, 2022
Profit-maximizing firms increase production up to the point at which the last unit of the variable factor employed adds
◦ nothing to marginal revenue.
◦ just as much to revenue as to profit.
◦ just as much to revenue as to cost.
◦ nothing to marginal cost.
◦ positive economic profits.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kmcolvin on Oct 12, 2022

bigboya

  • Full Member
  • ***
  • Posts: 161
Reply #1 on: Oct 12, 2022
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 58% of students answer this correctly


kmcolvin

  • Member
  • Posts: 140
Reply 2 on: Oct 12, 2022
Excellent

FergA

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Point Sources of Pollution Point Sources of Pollution
Ulysses S. Grant poses at City Point, Virginia, during the siege of Petersburg. Ulysses S. Grant poses at City Point, Virginia, during the siege of Petersburg.
Schematic Diagram of Steam-to-air experiment (CHE415 Unit Operations) Schematic Diagram of Steam-to-air experiment (CHE415 Unit Operations)
Block Diagram of a High Concentrate Nitric Acid System for Dual-Stage Pressure Production of Nitric Block Diagram of a High Concentrate Nitric Acid System for Dual-Stage Pressure Production of Nitric
Write the equation in general form of the line passing through the point Write the equation in general form of the line passing through the point
As the world’s population continues to grow, demands on limited resources for food production As the world’s population continues to grow, demands on limited resources for food production
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library