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

Author Question: To a firm in perfect competition, price and marginal revenue are equal. Indicate whether the ... (Read 158 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
To a firm in perfect competition, price and marginal revenue are equal.
  Indicate whether the statement is true or false

Question 2

A good which is nonexcludable and nonrival is called:
 a. a public good.
  b. a marketable good.
  c. a private good.
  d. a consumer good.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

komodo7

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

True

Answer to Question 2

A




TFauchery

  • Member
  • Posts: 500
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

For a complete list of videos, visit our video library