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

Author Question: A firm's basic goal is best described as A) maximizing total revenue. B) maximizing sales. C) ... (Read 136 times)

luvbio

  • Hero Member
  • *****
  • Posts: 623
on: Jun 29, 2018
A firm's basic goal is best described as
 
  A) maximizing total revenue.
  B) maximizing sales.
  C) maximizing profit.
  D) minimizing total cost.

Question 2

In the production possibilities frontier depicted in the figure above, what is the opportunity cost of increasing the production of bananas from two million pounds to three million pounds?
 
  A) 1/2 hat per pound of bananas
  B) 1 hat per pound of bananas
  C) 2 hats per pound of bananas
  D) 3 hats per pound of bananas


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kescobar@64

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


luvbio

  • Member
  • Posts: 623
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

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?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Structure and basic function of a typical vertebrate neuron and associated glial cells. Structure and basic function of a typical vertebrate neuron and associated glial cells.
A, Basic IV administration set; A, Basic IV administration set;
Effect of pH on drug absorption: (a) a weak acid such as aspirin (ASA) is in a nonionized form in an Effect of pH on drug absorption: (a) a weak acid such as aspirin (ASA) is in a nonionized form in an
An educational institution has total direct labor and material costs of $1964 per student. Its ... An educational institution has total direct labor and material costs of $1964 per student. Its ...
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 ...
A buffer solution is prepared using 0.5 moles of a weakly basic drug and an unknown quantity of ... A buffer solution is prepared using 0.5 moles of a weakly basic drug and an unknown quantity of ...
Video: Factors that increase metabolic rate and heat production

For a complete list of videos, visit our video library