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

Author Question: To a firm in perfect competition, price and marginal revenue are equal. Indicate whether the ... (Read 155 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
on: Jun 30, 2018
To a firm in perfect competition, price and marginal revenue are equal.
  Indicate whether the statement is true or false

Question 2

A good which is nonexcludable and nonrival is called:
 a. a public good.
  b. a marketable good.
  c. a private good.
  d. a consumer good.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

komodo7

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

A


TFauchery

  • Member
  • Posts: 500
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

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?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae
Alan Price - Poor People Alan Price - Poor People
Failure of the Equal Rights Amendment, 1972–1982 Failure of the Equal Rights Amendment, 1972–1982
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.
Kepler’s Law of Equal Areas Kepler’s Law of Equal Areas
European swimming competition European swimming competition
Video: Muscle Twitch and Muscle Tension - Motor unit size and force

For a complete list of videos, visit our video library