« previous next »

Author Question: If a business firm is not operating at the point where MR = MC, then: a. it should shut down. b. ... (Read 9 times)

karateprodigy

  • Hero Member
  • *****
  • Posts: 550
on: Jun 30, 2018
If a business firm is not operating at the point where MR = MC, then:
 a. it should shut down.
  b. it will incur losses.
  c. it cannot be earning a profit.
  d. its profit is zero.
  e. it is not earning the maximum potential profit.

Question 2

The cross elasticity between Rolaids and Tums is expected to be:
 a. negative.
  b. positive.
  c. zero.
  d. one.
  e. infinite.


pallen55

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

karateprodigy

  • Hero Member
  • *****
  • Posts: 550
Reply #2 on: Jun 30, 2018
Thank you :)


pallen55

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Scaling the Earth down to the size of a basketball, the Moon is roughly the size of a tennis ball. T Scaling the Earth down to the size of a basketball, the Moon is roughly the size of a tennis ball. T
Effect of changing a set point for hypothalamic values Effect of changing a set point for hypothalamic values
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Two-point linear perspective. Two-point linear perspective.
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Constructing a Three-Point Recombination Map Constructing a Three-Point Recombination Map
Video: baroreceptors

For a complete list of videos, visit our video library