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

Author Question: The supply curve for a perfectly competitive firm is its marginal cost curve for all levels of ... (Read 171 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
The supply curve for a perfectly competitive firm is its marginal cost curve for all levels of output.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

At the point where total utility is at its peak, marginal utility is:
 a. zero.
  b. positive.
  c. negative.
  d. positive, but declining.
  e. positive, but increasing.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

upturnedfurball

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

a


moongchi

  • Member
  • Posts: 516
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
Titration curve for the tetrapeptide Glu-Gly-Ala-Lys Titration curve for the tetrapeptide Glu-Gly-Ala-Lys
A substrate and its competitive inhibitor A substrate and its competitive inhibitor
Periodic oscillations of the levels of glycolytic intermediates in yeast cells undergoing glycolysis Periodic oscillations of the levels of glycolytic intermediates in yeast cells undergoing glycolysis
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
ACCM Definitions of ICU Levels of Care ACCM Definitions of ICU Levels of Care
Video: Antidiuretic hormone (vasoconstriction, water reabsorption & sweat inhibition)

For a complete list of videos, visit our video library