Answer to Question 1
(1.) The techniques of production which are available.
(2.) The prices of inputs required by each technology.
Answer to Question 2
When total revenue is at its maximum, the demand is unit elastic and marginal revenue equals zero. However, to maximize its profit, a single-price monopolist produces so that its marginal revenue equals its marginal cost. If marginal revenue equals zero, then in order for this level of output to maximize the monopolist's profit, marginal cost also must equal zero. But marginal cost will never equal zero because to produce another unit always incurs some costs. Since marginal cost cannot equal zero, it is impossible for a profit-maximizing single-price monopolist to produce the amount of output that maximizes its total revenue.
Comparison of the level of skin damage as a result of the three different degrees of burns.
Entry level nurse competencies
How much the temperature will rise depends on many factors that affect the level of GHG emission
Changes in the Level of Education, 1975-2010
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
If the random variable x is exponentially distributed with parameter λ = 4, then P(x ≤ ...