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

Author Question: The pricing rule MR=MC hold for a. All firms b. Single product firms c. Multiple product firms ... (Read 100 times)

mcmcdaniel

  • Hero Member
  • *****
  • Posts: 550
The pricing rule MR=MC hold for
 a. All firms
  b. Single product firms
  c. Multiple product firms
  d. None of the above

Question 2

A ____ total cost function yields a U-shaped average total cost function.
 a. cubic
  b. quadratic
  c. linear
  d. a and b only
  e. a, b, and c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cdmart10

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

b

Answer to Question 2

d




mcmcdaniel

  • Member
  • Posts: 550
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

For a complete list of videos, visit our video library