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Author Question: For a perfectly competitive firm, marginal revenue product is equal to price minus marginal revenue. ... (Read 251 times)

arivle123

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on: Jun 30, 2018
For a perfectly competitive firm, marginal revenue product is equal to price minus marginal revenue.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

An increase in government purchases must always be accompanied by an increase in autonomous net taxes to boost aggregate demand.
 a. True
  b. False
  Indicate whether the statement is true or false


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ErinKing

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

False

Answer to Question 2

False


arivle123

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Reply #2 on: Jun 30, 2018
Correct answers!


ErinKing

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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