« previous next »

Author Question: In the above figure, the firm's total economic profit is equal to A) 60. B) 200. C) 150. D) MR ... (Read 35 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
In the above figure, the firm's total economic profit is equal to
 
  A) 60.
  B) 200.
  C) 150.
  D) MR - MC.

Question 2

________ is a group of firms that have colluded to limit their output and raise their price.
 
  A) A cartel
  B) An oligopoly
  C) A strategy
  D) A duopoly


GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Drug A is more potent than Drugs B and C. Drugs A and C have equal efficacy because both drugs have ... Drug A is more potent than Drugs B and C. Drugs A and C have equal efficacy because both drugs have ...
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
The Economic Way of Thinking The Economic Way of Thinking
economic question economic question
economic question economic question
economic question economic question
Video: Oral Hygiene & Braces Animation

For a complete list of videos, visit our video library