Author Question: Producer surplus measures the difference between total revenues and fixed cost a. True b. ... (Read 47 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
Producer surplus measures the difference between total revenues and fixed cost
 a. True
  b. False

Question 2

Product differentiation helps determine the slope of the demand curve facing a firm in monopolistic competition.
 a. True
  b. False



memslove

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

memslove

  • Sr. Member
  • ****
  • Posts: 321

 

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

For a complete list of videos, visit our video library