« previous next »

Author Question: A profit-maximizing monopolist, if producing at all, chooses a level of output where: a. total ... (Read 43 times)

tiara099

  • Hero Member
  • *****
  • Posts: 588
on: Jun 30, 2018
A profit-maximizing monopolist, if producing at all, chooses a level of output where:
 a. total revenue is maximized.
 b. total cost is minimized.
 c. average total cost is minimized.
 d. marginal revenue equals marginal cost.

Question 2

Protection of an infant industry should be withdrawn once that industry:
 a. charges the same price as foreign competitors.
  b. goes public on the stock exchange.
  c. raises a large amount of sales revenue.
  d. achieves sufficient size to compete with foreign firms.
  e. earns enough profit as a result of the subsidies to remain in business.


Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

tiara099

  • Hero Member
  • *****
  • Posts: 588
Reply #2 on: Jun 30, 2018
Correct answers!


Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

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
This illustration shows the decibel level in various locations and associated with different ... This illustration shows the decibel level in various locations and associated with different ...
A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ... A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ...
Surface Fronts and Upper-Level Patterns: Cold Fronts and the Formation of Upper-Level Troughs Surface Fronts and Upper-Level Patterns: Cold Fronts and the Formation of Upper-Level Troughs
The four levels of PPE according to the EPA (from left to right): Level A, Level B, Level C, and ... The four levels of PPE according to the EPA (from left to right): Level A, Level B, Level C, and ...
Producing human insulin in E. coli Producing human insulin in E. coli
Video: Four Giant Convection Cells oF Earth

For a complete list of videos, visit our video library