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Author Question: If a firm has large start-up costs and nearly zero marginal costs A) the firm can profit by focusing ... (Read 173 times)

cookcarl

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on: Jun 30, 2018
If a firm has large start-up costs and nearly zero marginal costs
 A) the firm can profit by focusing on total cost.
  B) the firm cannot profit competing on marginal cost.
  C) the firm can make money by simply charging a price.
  D) the firm can profit competing on marginal cost.

Question 2

Government picking winners
 A) is the market model.
  B) is the central planning model.
  C) can be done with really good data.
  D) none of these choices.


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Carliemb17

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


cookcarl

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

sultana.d

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Reply 3 on: Yesterday
Excellent

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