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

Author Question: With perfect price discrimination ________, and production is expanded until marginal revenue equals ________. (Read 44 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
on: May 24, 2019
With perfect price discrimination ________, and production is expanded until marginal revenue equals ________.
◦ the firm's demand curve becomes its marginal revenue curve; marginal cost
◦ the firm's demand curve becomes its marginal revenue curve; average total cost
◦ the firm's marginal revenue curve bisects the angle with which demand intersects the price-axis; marginal cost
◦ the firm's marginal revenue curve bisects the angle with which demand intersects the price-axis; average total cost
◦ economic profit is maximized when the lowest price equals marginal cost; average total cost
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by cherise1989 on May 24, 2019

ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


cherise1989

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: May 24, 2019
Thank you!


ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: May 24, 2019
Always glad to help...


« previous next »
 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

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.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Microlith production. Microlith production.
Alan Price - Poor People Alan Price - Poor People
Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ... Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ...
Major U.S. Centers of Cattle, Corn, Wheat, and Soybean Production Major U.S. Centers of Cattle, Corn, Wheat, and Soybean Production
Structures of Voice Production Structures of Voice Production
Ethylene Production During Strawberry Ripening Ethylene Production During Strawberry Ripening
Video: Natural Selection, Species Isolation and Real World Example

For a complete list of videos, visit our video library