This topic contains a solution. Click here to go to the answer

Author Question: The difference between a perfectly competitive firm's total revenue and its total cost is A) ... (Read 162 times)

DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
The difference between a perfectly competitive firm's total revenue and its total cost is
 
  A) always positive.
  B) always negative.
  C) always zero.
  D) greatest at the profit-maximizing level of output.

Question 2

The data in the table above are the U.S. balance of payments. The current account balance is
 
  A) 140 billion.
  B) 155 billion.
  C) 170 billion.
  D) -45 billion.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Liddy

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

D

Answer to Question 2

A





 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

For a complete list of videos, visit our video library