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

Author Question: When a firm is a price maker A) price is equal to marginal revenue. B) price is greater than ... (Read 171 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
When a firm is a price maker
 A) price is equal to marginal revenue.
  B) price is greater than marginal revenue.
  C) price is less than marginal revenue.
  D) price is equal to marginal cost.

Question 2

Examples of strategic behavior include
 A) kinked demand and linear demand.
  B) prisoner's dilemma and interdependence.
  C) kinked demand and economic profit
  D) prisoner's dilemma and kinked demand.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

brbarasa

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


DelorasTo

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae
Greater Swiss Mountain Dog Greater Swiss Mountain Dog
Greater sciatic notch Greater sciatic notch
Cross-sectional data showing that the amount of effort spent on personal health care increases with Cross-sectional data showing that the amount of effort spent on personal health care increases with
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
Video: Griffith's experiments

For a complete list of videos, visit our video library