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Author Question: Productive efficiency requires production at a quantity such that: a. MC = MR b. MC = ATC c. MC = ... (Read 40 times)

RODY.ELKHALIL

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on: Jun 30, 2018
Productive efficiency requires production at a quantity such that:
 a. MC = MR
 b. MC = ATC
  c. MC = D
 d. ATC = D

Question 2

The import demand curve shows the amount of the home country's:
 a. surplus at various prices below the no-trade equilibrium.
  b. shortage at various prices below the no-trade equilibrium.
  c. equilibrium no-trade quantity demanded.
  d. surplus at various prices above the no-trade equilibrium.
  e. shortage at various prices above the no-trade equilibrium.


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laurnthompson

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

b

Answer to Question 2

b


RODY.ELKHALIL

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  • Posts: 591
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

jackie

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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