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Author Question: What is the relationship between marginal revenue and average revenue for a monopolist and is it the ... (Read 43 times)

newyorker26

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on: Jun 29, 2018
What is the relationship between marginal revenue and average revenue for a monopolist and is it the same for a perfect competitor?
 
  What will be an ideal response?

Question 2

For a firm that is a price taker in the market for labor, the marginal revenue product of labor equals the
 
  A) marginal product of labor multiplied by the product price.
  B) marginal product of labor multiplied by the marginal cost of production.
  C) marginal product of labor divided by the wage rate.
  D) marginal product of labor multiplied by the wage rate.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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xiazhe

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Reply #1 on: Jun 29, 2018
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.
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newyorker26

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

miss.ashley

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Reply 3 on: Yesterday
Excellent

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