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

Author Question: In the above table, if the quantity sold by the firm rises from 6 to 7, its marginal revenue is ... (Read 24 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
on: Jun 29, 2018
In the above table, if the quantity sold by the firm rises from 6 to 7, its marginal revenue is
 
  A) 15.
  B) 30.
  C) 90.
  D) 105.

Question 2

At the current level of output, the marginal social cost of tennis balls is greater than the marginal social benefit. Then
 
  A) more than the efficient quantity of tennis balls is being produced.
  B) there is excess demand for tennis balls.
  C) firms producing tennis balls must be earning negative profit.
  D) too few tennis balls are being produced.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lkoler

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


nevelica

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

TheDev123

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Periodic Table Tattoo Periodic Table Tattoo
Checklist for Choosing a Massage Table Cont. Checklist for Choosing a Massage Table Cont.
Determining a good table height. Stand facing the table with your hands at your sides. Adjust the ... Determining a good table height. Stand facing the table with your hands at your sides. Adjust the ...
One-handed kneading. Tissues are lifted with the whole hand in firm contact. One-handed kneading. Tissues are lifted with the whole hand in firm contact.
table table
Table Table
Video: Introduction to Photolithography - WC, BLF, PA, Hard and Soft baking

For a complete list of videos, visit our video library