This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The difference between a perfectly competitive firm's total revenue and its total cost is A) ... (Read 87 times)

DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
Reply #2 on: Jun 29, 2018
Thank you


Liddy

  • Sr. Member
  • ****
  • Posts: 342
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

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?

On average, the stomach produces 2 L of hydrochloric acid per day.

Flower part number is a characteristic difference between monocots and eudicots (a) Flowers and buds Flower part number is a characteristic difference between monocots and eudicots (a) Flowers and buds
Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes. Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes.
Non-competitive inhibition Non-competitive inhibition
World Total Energy Consumption by Fuel Type World Total Energy Consumption by Fuel Type
Total allowable and actual catch, Grand Bank Atlantic Cod 1959 -2012 Total allowable and actual catch, Grand Bank Atlantic Cod 1959 -2012
A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ... A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ...
Video: Electrical changes in the heart

For a complete list of videos, visit our video library