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

Author Question: Marginal revenue is defined as a. total revenue divided by quantity b. total revenue minus total ... (Read 295 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
Marginal revenue is defined as
 a. total revenue divided by quantity
  b. total revenue minus total cost
  c. the change in total revenue divided by the change in quantity
  d. the change in total revenue divided by quantity
  e. the change in total revenue

Question 2

The demand curve facing a single-price monopolist
 a. is the same as its average revenue curve
  b. is the same as its marginal revenue curve
  c. is the same as the perfect competitor's demand curve
  d. lies above its average revenue curve
  e. lies below its marginal revenue curve


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yasmin

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


rosent76

  • Member
  • Posts: 516
Reply 2 on: Jun 30, 2018
Wow, this really help

AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Types of paralysis: (A) Quadriplegia is complete or partial paralysis of the upper extremities and c Types of paralysis: (A) Quadriplegia is complete or partial paralysis of the upper extremities and c
The first commercially successful typewriter, manufactured in quantity beginning in 1874, surely fue The first commercially successful typewriter, manufactured in quantity beginning in 1874, surely fue
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
Finding the length given total distance and distance longer than other point Finding the length given total distance and distance longer than other point
Three mechanics worked 15 1/2, 14 3/4, 18 1/8 hours respectively. What was the total Three mechanics worked 15 1/2, 14 3/4, 18 1/8 hours respectively. What was the total
The total weight of Peter, David and Henry is 123 kg, Peter is 15 kg heavier than David. David ... The total weight of Peter, David and Henry is 123 kg, Peter is 15 kg heavier than David. David ...
Video: Mitosis step-by-step

For a complete list of videos, visit our video library