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

Author Question: Arbitrage in foreign exchange and gold are both common as buyers can bargain with the sellers on the ... (Read 78 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
Arbitrage in foreign exchange and gold are both common as buyers can bargain with the sellers on the market price.
  Indicate whether the statement is true or false

Question 2

The profit of a firm is maximized when:
 a. marginal revenue is maximum.
  b. marginal revenue is greater than marginal cost.
  c. marginal revenue is equal to marginal cost.
  d. marginal cost is minimum.
  e. marginal revenue is less than marginal cost.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tranoy

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

F

Answer to Question 2

c





 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

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

For a complete list of videos, visit our video library