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

Author Question: Which type of firm produces the largest share of manufacturing output? A) proprietorships only ... (Read 28 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
Which type of firm produces the largest share of manufacturing output?
 
  A) proprietorships only
  B) partnerships only
  C) corporations only
  D) Proprietorships and corporations are tied.

Question 2

Which of the following is TRUE for a profit maximizing monopolist?
 
  A) Marginal cost is always less than average total cost.
  B) In the long run, the firm's economic profit equals zero.
  C) In the short run, the firm will shut down if its marginal cost is less than its average variable cost.
  D) In the short run, the firm can make an economic profit even if its marginal cost is less than its average variable cost.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

upturnedfurball

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

C

Answer to Question 2

D




nevelica

  • Member
  • Posts: 563
Reply 2 on: Jun 29, 2018
Gracias!


kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

For a complete list of videos, visit our video library