Author Question: If a firm has large start-up costs and nearly zero marginal costs A) the firm can profit by focusing ... (Read 208 times)

cookcarl · **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.