« 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 29 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?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

A peroxidation reaction involving a fatty acid is depicted in the figure below. A peroxidation reaction involving a fatty acid is depicted in the figure below.
Indicators of Relative Economic Well-Being Indicators of Relative Economic Well-Being
Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ... Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ...
Total Fitness and Wellness, Brief Edition, 4th Edition Total Fitness and Wellness, Brief Edition, 4th Edition
economic question economic question
economic question economic question
Video: Status Epilepticus

For a complete list of videos, visit our video library