This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Marginal revenue is_____________. a. The total revenue gained from production b. The cost of ... (Read 29 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
on: Jul 1, 2018
Marginal revenue is_____________.
 a. The total revenue gained from production
 b. The cost of producing an additional unit of output
  c. The revenue from selling an additional unit of output
  d. none of the above

Question 2

A Swiss watch company advertises its history of superior craftsmanship. The company thinks that this would
 a. Make the demand for the product less elastic
 b. Make the customers less sensitive to the price
 c. Assist them with differentiating their product
 d. All of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

diana chang

  • Sr. Member
  • ****
  • Posts: 288
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

d


stevenposner

  • Member
  • Posts: 608
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Pathway of urine production and elimination. Pathway of urine production and elimination.
An Estimate of the Time of Global Peak Conventional Oil Production An Estimate of the Time of Global Peak Conventional Oil Production
Production of Ethanol process Production of Ethanol process
Conventional oil reserves have passed peak production Conventional oil reserves have passed peak production
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Three mechanics worked 15 1/2, 14 3/4, 18 1/8 hours respectively. What was the total Three mechanics worked 15 1/2, 14 3/4, 18 1/8 hours respectively. What was the total
Video: Status Epilepticus

For a complete list of videos, visit our video library