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

Author Question: Arbitrage in foreign exchange and gold are both common as buyers can bargain with the sellers on the ... (Read 83 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Jun 30, 2018
Arbitrage in foreign exchange and gold are both common as buyers can bargain with the sellers on the market price.
  Indicate whether the statement is true or false

Question 2

The profit of a firm is maximized when:
 a. marginal revenue is maximum.
  b. marginal revenue is greater than marginal cost.
  c. marginal revenue is equal to marginal cost.
  d. marginal cost is minimum.
  e. marginal revenue is less than marginal cost.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tranoy

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

F

Answer to Question 2

c


WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
Reply #2 on: Jun 30, 2018
Correct answers!


tranoy

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Male common pochard, London, UK Male common pochard, London, UK
Prolapsed uterus. (a) A prolapse is the abnormal drop of the uterus into the vagina, representing th Prolapsed uterus. (a) A prolapse is the abnormal drop of the uterus into the vagina, representing th
Common skin signs are often evidence of an illness or disorder. A scale is a thin, dry flake of ... Common skin signs are often evidence of an illness or disorder. A scale is a thin, dry flake of ...
Common patient positions. Common patient positions.
Common Abbreviations and Symbols Used by Massage Therapists Cont Common Abbreviations and Symbols Used by Massage Therapists Cont
Chloride and bicarbonate exchange in the renal tubules and effect of aldosterone on excretion of H+ Chloride and bicarbonate exchange in the renal tubules and effect of aldosterone on excretion of H+
Video: Graded potentials - electrical characteristics and types

For a complete list of videos, visit our video library