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

Author Question: A monopolist can sell 7 units per day at 7 per unit, or 8 units per day at 6 per unit. Its marginal ... (Read 228 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
A monopolist can sell 7 units per day at 7 per unit, or 8 units per day at 6 per unit. Its marginal revenue for the eighth unit of output is:
 a. 48.
  b. 6.
 c. 1.
 d. -1.

Question 2

The rationale behind patents is that if inventors and artists cannot secure the returns from successful projects, fewer new inventions and works of art will be produced
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frankwu0507

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

T


oliviahorn72

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Gracias!

nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

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?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

The nurse cares for the postop client in the postanesthesia care unit (PACU). The nurse cares for the postop client in the postanesthesia care unit (PACU).
Galaxies Forming by Combining Smaller Units Galaxies Forming by Combining Smaller Units
Controlled cold compression unit. Controlled cold compression unit.
A Motor Unit A Motor Unit
A throttle-body injection (TBI) unit used on a GM V-6 engine. A throttle-body injection (TBI) unit used on a GM V-6 engine.
A Partially Filled 50-Unit Insulin Syringe A Partially Filled 50-Unit Insulin Syringe
Video: Digestive chemicals - types & enzymes

For a complete list of videos, visit our video library