Industries with high barriers to entry a. Pushes profits to ...

[clmills979]

Industries with high barriers to entry
 a. Pushes profits to normal returns
  b. increases the likelihood of firms entering the industry
  c. help firms sustain profits
  d. increases the number of competitors

Question 2

Marginal revenue product is defined as the amount that an additional unit of the variable input adds to ____.
 a. marginal revenue
  b. total output
  c. total revenue
  d. marginal product
  e. none of the above

[TINA]

Answer to Question 1

c

Answer to Question 2

c

[clmills979]

Thanks for the timely response, appreciate it

[amandalm]

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