« previous next »

Author Question: Above the shutdown point, a competitive firm's supply curve coincides with its: a. marginal revenue ... (Read 10 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
Above the shutdown point, a competitive firm's supply curve coincides with its:
 a. marginal revenue curve.
  b. marginal cost curve.
  c. average variable cost curve.
  d. average total cost curve.

Question 2

A horizontal demand curve indicates perfectly elastic demand.
 a. True
  b. False
  Indicate whether the statement is true or false


Pamela.irrgang@yahoo.com

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

ghost!

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Jun 30, 2018
Thank you


Pamela.irrgang@yahoo.com

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

The human oxygen-hemoglobin dissociation curve. The human oxygen-hemoglobin dissociation curve.
Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
Nancy Rubins, Pleasure Point. Nancy Rubins, Pleasure Point.
Bacteria growth curve Bacteria growth curve
Point of Intersection of 2 Circles Point of Intersection of 2 Circles
A certain car traveling at 34.0 mph skids to a stop in 29 meters from the point where the ... A certain car traveling at 34.0 mph skids to a stop in 29 meters from the point where the ...
Video: Fractures Animation

For a complete list of videos, visit our video library