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

Author Question: The marginal revenue curve of a monopolistically competitive firm will always lie: a. below the ... (Read 67 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
The marginal revenue curve of a monopolistically competitive firm will always lie:
 a. below the firm's demand curve.
  b. parallel to the firm's demand curve.
  c. parallel to the firm's quantity axis.
  d. above the firm's demand curve.

Question 2

The slope of the indifference curve for goods X and Y is called the marginal:
 a. product rate.
  b. rate of transformation.
  c. rate of substitution.
  d. rate of utility.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ju

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
A substrate and its competitive inhibitor A substrate and its competitive inhibitor
The Lorenz Curve for the United States, 2009 The Lorenz Curve for the United States, 2009
Project Management: Achieving Competitive Advantage Project Management: Achieving Competitive Advantage
At what speed does Grogzetti need to take the curve to avoid sliding? At what speed does Grogzetti need to take the curve to avoid sliding?
Video: Arthroscopy

For a complete list of videos, visit our video library