« previous next »

Author Question: For a single-price monopolist that is maximizing profit, the price is A) less than marginal ... (Read 100 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
on: Jun 29, 2018
For a single-price monopolist that is maximizing profit, the price is
 
  A) less than marginal revenue.
  B) equal to marginal revenue.
  C) equal to marginal cost.
  D) greater than marginal cost.

Question 2

In the figure above, which budget line results in the most real income in terms of compact discs?
 
  A) AD
  B) BD
  C) CD
  D) Real income is equal for all three budget lines.


briseldagonzales

  • Sr. Member
  • ****
  • Posts: 303
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Arrangement of the sarcoplasmic reticulum, transverse tubules, and myofibrils in a single skeletal m Arrangement of the sarcoplasmic reticulum, transverse tubules, and myofibrils in a single skeletal m
Single atoms form the nodes of an elementary quantum network Single atoms form the nodes of an elementary quantum network
A single crossover cannot produce a viable recombinant A single crossover cannot produce a viable recombinant
) A more elaborate motif, the β barrel. This β barrel is a single domain of α-hemolysin ) A more elaborate motif, the β barrel. This β barrel is a single domain of α-hemolysin
Children can fast map the meanings of words in a single exposure. Children can fast map the meanings of words in a single exposure.
A complete kinetic scheme for a single nucleotide addition A complete kinetic scheme for a single nucleotide addition
Video: Glycolysis Animation

For a complete list of videos, visit our video library