Author Question: The marginal revenue product curve slopes downward only if the firm is a price searcher in the ... (Read 81 times)

kellyjaisingh

  • Hero Member
  • *****
  • Posts: 540
The marginal revenue product curve slopes downward only if the firm is a price searcher in the product market.
 a. True
  b. False

Question 2

The price of a pollution right is
 a. determined by consumers
  b. determined by government
  c. a user charge
  d. determined by supply and demand
  e. a subsidy



Mochi

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

For a complete list of videos, visit our video library