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Author Question: Any method of producing a good or service is ________. It ________ the maximum profit that a firm ... (Read 121 times)

michelleunicorn

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on: Jun 29, 2018
Any method of producing a good or service is ________. It ________ the maximum profit that a firm can make.
 
  A) an information constraint; always increases
  B) a technology; always increases
  C) a technology; limits
  D) an information constraint; limits

Question 2

The figure above represents the behavior of total revenue as price falls along a straight-line demand curve. Unit elasticity of demand occurs at
 
  A) point g.
  B) point h.
  C) point i.
  D) point j.


TheNamesImani

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


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michelleunicorn

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Reply #2 on: Jun 29, 2018
Thank you


TheNamesImani

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Reply #3 on: Jun 29, 2018
No problemo


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