« previous next »

Author Question: If marginal revenue is greater than zero, then demand at this level of output is A) unit elastic. ... (Read 75 times)

jace

  • Hero Member
  • *****
  • Posts: 541
on: Jun 29, 2018
If marginal revenue is greater than zero, then demand at this level of output is
 
  A) unit elastic.
  B) elastic.
  C) inelastic.
  D) steeper than the marginal revenue curve.

Question 2

The owner of a proprietorship has ________ liability and ________ required to use all of his or her entire wealth to pay for the firm's losses.
 
  A) limited; might be
  B) limited; is not
  C) unlimited; might be
  D) unlimited; is not


mjenn52

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Greater sciatic notch Greater sciatic notch
Ben Jones, Black Face and Arm Unit. Ben Jones, Black Face and Arm Unit.
Shy children often have a high arousal level in novel social situations. Over time, parents can help ... Shy children often have a high arousal level in novel social situations. Over time, parents can help ...
The output on this alternator is printed on a label. The output on this alternator is printed on a label.
Upper-Level Maps Upper-Level Maps
100-Unit Insulin Syringe 100-Unit Insulin Syringe
Video: Stroke volume

For a complete list of videos, visit our video library