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

Author Question: When marginal revenue equals marginal cost, the firm just breaks even. a. True b. ... (Read 31 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
When marginal revenue equals marginal cost, the firm just breaks even.
 a. True
  b. False

Question 2

Which of the following would not bar entry into a market?
 a. control by a single firm of an essential resource
  b. the necessity of taking risks when starting a firm
  c. patents
  d. economies of scale
  e. government regulations limiting the number of firms in an industry


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Liddy

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


yoooooman

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

marict

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

A pathway for homologous recombination to repair DNA double-strand breaks A pathway for homologous recombination to repair DNA double-strand breaks
Energy Balance Is Achieved When Energy (Calories) In Equals Energy (Calories) Out Energy Balance Is Achieved When Energy (Calories) In Equals Energy (Calories) Out
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Cost of Going to School Cost of Going to School
If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance? If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance?
Video: Muscle Fatigue and Recovery

For a complete list of videos, visit our video library