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

Author Question: The Jeans Store sells 7 pairs of jeans per day when it charges 100 per pair. It sells 8 pairs of ... (Read 134 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
The Jeans Store sells 7 pairs of jeans per day when it charges 100 per pair. It sells 8 pairs of jeans per day at a price of 90 per pair. The marginal revenue of the eighth pair of jeans is
 
  A) 20. B) 90. C) 100. D) 700.

Question 2

Which of the following describes the difference between the market demand curve for a perfectly competitive industry and the demand curve for a firm in this industry?
 
  A) The market demand curve is downward sloping; the firm's demand curve is a vertical line.
  B) The market demand curve is downward sloping; the firm's demand curve is a horizontal line.
  C) The market demand curve is a horizontal line; the firm's demand curve is downward sloping.
  D) The market demand curve can not have a constant slope; the firm's demand curve has a slope equal to zero.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shayla

  • Sr. Member
  • ****
  • Posts: 323
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 29% of students answer this correctly





 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

For a complete list of videos, visit our video library