« previous next »

Author Question: Marginal analysis involves undertaking an activity A) only if its marginal costs are greater than ... (Read 68 times)

mia

  • Hero Member
  • *****
  • Posts: 564
on: Jun 29, 2018
Marginal analysis involves undertaking an activity
 
  A) only if its marginal costs are greater than its marginal benefits.
  B) until its marginal costs start declining.
  C) until its marginal benefits equal marginal costs.
  D) only when its marginal benefits are positive.

Question 2

What are the assumptions of a pure monopoly?
 
  What will be an ideal response?
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


macybarnes

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

One producer, no close substitutes, barriers to entry.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

A coronary artery bypass graft (CABG) is a procedure to bypass a blocked coronary artery. The proced A coronary artery bypass graft (CABG) is a procedure to bypass a blocked coronary artery. The proced
Monitoring Volcanic Activity Monitoring Volcanic Activity
Trends in Hurricane Activity Trends in Hurricane Activity
GENETIC ANALYSIS GENETIC ANALYSIS
Analysis of double-mutant phenotypes to find order of genes in developmental pathways Analysis of double-mutant phenotypes to find order of genes in developmental pathways
Video: Mitosis step-by-step

For a complete list of videos, visit our video library