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

Author Question: Which type of firm produces the largest share of manufacturing output? A) proprietorships only ... (Read 47 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


nevelica

  • Member
  • Posts: 563
Reply 2 on: Jun 29, 2018
:D TYSM

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

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

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

The spotted wobbegong is the largest wobbegong shark, reaching a length of around 3 m The spotted wobbegong is the largest wobbegong shark, reaching a length of around 3 m
Faulty outlooping produces lambda phage containing bacterial DNA Faulty outlooping produces lambda phage containing bacterial DNA
Urine output. Urine output.
Kitagawa Utamaro, The Fickle Type, from the series Ten Physiognomies of Women. Kitagawa Utamaro, The Fickle Type, from the series Ten Physiognomies of Women.
The operation of a rotor-type oil pump. The operation of a rotor-type oil pump.
The types of topological interconversions catalyzed by type II topoisomerases The types of topological interconversions catalyzed by type II topoisomerases
Video: Studying the Left and Right Brain Independently

For a complete list of videos, visit our video library