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Author Question: The level of output at which marginal revenue equals zero is also the level of output at which a. ... (Read 98 times)

kwoodring

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on: Jun 30, 2018
The level of output at which marginal revenue equals zero is also the level of output at which
 a. total revenue is zero.
 b. profit is maximized.
 c. total revenue is maximized.
  d. total revenue is declining.

Question 2

Which of the following is a tool of commercial policy?
 a. Corporate income tax
  b. Payroll tax
  c. Excise duty
  d. Tariff
  e. Octroi duty


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babybsemail

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

c

Answer to Question 2

d


kwoodring

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

helenmarkerine

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Reply 3 on: Yesterday
Wow, this really help

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