« previous next »

Author Question: Above the shutdown point, a competitive firm's supply curve coincides with its: a. marginal revenue ... (Read 39 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?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

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
Four-point gait. Four-point gait.
The Radioactive Decay Curve The Radioactive Decay Curve
Finding the length given total distance and distance longer than other point Finding the length given total distance and distance longer than other point
A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ... A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ...
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
Video: Cortisol (protein catabolism, gluconeogenesis, vasoconstriction & anti-inflammation)

For a complete list of videos, visit our video library