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 49 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
Great answer, keep it coming :)

emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Recombinants are meiotic output different from meiotic input Recombinants are meiotic output different from meiotic input
Wild-type versus mutant fly Wild-type versus mutant fly
In 1839 Mary Cragin, at the age of twenty-nine, became a convert to John Humphrey Noyes’s “communism In 1839 Mary Cragin, at the age of twenty-nine, became a convert to John Humphrey Noyes’s “communism
Carrie Mae Weems, A Negroid Type, from the series From Here I Saw What Happened and I Cried. Carrie Mae Weems, A Negroid Type, from the series From Here I Saw What Happened and I Cried.
Action of type I and type II topoisomerases, as shown by gel electrophoresis Action of type I and type II topoisomerases, as shown by gel electrophoresis
Cordilleran-Type Mountain Building Cordilleran-Type Mountain Building
Video: Molecules, Membrane Permeability and Structure

For a complete list of videos, visit our video library