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

Author Question: Under rate-of-return regulation, the price is set so that A) price equals the marginal cost of ... (Read 199 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jun 29, 2018
Under rate-of-return regulation, the price is set so that
 
  A) price equals the marginal cost of production.
  B) the firm earns a positive economic profit.
  C) the firm earns a monopoly profit.
  D) the firm earns a normal rate of return on investment.

Question 2

In the above figure, this profit-maximizing monopolistic competitive firm will realize an economic profit of
 
  A) -1,400.
  B) 2,100.
  C) 1,400.
  D) 700.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sultansheikh

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


serike

  • Member
  • Posts: 542
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

The ozone hole in September, 2003. Even as scientists verified that the rate of ozone depletion was The ozone hole in September, 2003. Even as scientists verified that the rate of ozone depletion was
Eukaryotic Gene Exp and Regulation Eukaryotic Gene Exp and Regulation
Relative rate test, calibrating the molecular clock, and calculating divergence dates. Relative rate test, calibrating the molecular clock, and calculating divergence dates.
Return of oxygenated blood to the heart and entry into the aorta (red = oxygenated blood, blue = ... Return of oxygenated blood to the heart and entry into the aorta (red = oxygenated blood, blue = ...
Hormonal Regulation of Fuel Metabolism Hormonal Regulation of Fuel Metabolism
Regulation of de novo purine biosynthesis Regulation of de novo purine biosynthesis
Video: Metaphase I Animation

For a complete list of videos, visit our video library