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

Author Question: A firm in a perfectly competitive industry will expand output as long as: a. marginal revenue is ... (Read 71 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
on: Jun 30, 2018
A firm in a perfectly competitive industry will expand output as long as:
 a. marginal revenue is less than average revenue.
  b. marginal cost is less than marginal revenue.
 c. marginal cost is less than average total cost.
 d. marginal revenue is less than average total cost.

Question 2

Which of the following is an example of in-kind transfer?
 a. Social security benefits
  b. Food stamps
  c. Disability pensions
  d. Unemployment compensations
  e. Earned income tax credit


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kxciann

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


Bob-Dole

  • Member
  • Posts: 547
Reply 2 on: Jun 30, 2018
:D TYSM

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Gross Anatomy of a Long Bone Gross Anatomy of a Long Bone
Long Term Control Medications Long Term Control Medications
Natural Resources and Industry Natural Resources and Industry
Solar output Solar output
Video: Nucleic acid digestion -small intestine

For a complete list of videos, visit our video library