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

Author Question: Net total benefits of an activity are maximized when marginal benefits and marginal costs are equal. ... (Read 118 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
on: Jun 30, 2018
Net total benefits of an activity are maximized when marginal benefits and marginal costs are equal.
  Indicate whether the statement is true or false

Question 2

Oligopoly firms are guaranteed economic profits in the long run.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LVPMS

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

False


berenicecastro

  • Member
  • Posts: 581
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

epscape

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Ras signalling activity is governed by bound GDP/GTP Ras signalling activity is governed by bound GDP/GTP
Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae
Percentage of Foreign-Born Whites and Native Whites of Foreign or Mixed Parentage in Total Populatio Percentage of Foreign-Born Whites and Native Whites of Foreign or Mixed Parentage in Total Populatio
Peer group activity of adolescents Peer group activity of adolescents
Converting enzyme activity to its amount Converting enzyme activity to its amount
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: hGH, Thyroid hormones & Aldosterone

For a complete list of videos, visit our video library