« previous next »

Author Question: If a firm wished to maximize total revenues, it should produce where: a. marginal cost is zero. b. ... (Read 73 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Jul 1, 2018
If a firm wished to maximize total revenues, it should produce where:
 a. marginal cost is zero.
  b. marginal revenue is zero.
  c. marginal revenue is equal to marginal cost.
  d. marginal revenue is equal to price.

Question 2

Electricity pricing that varies in its billing expense throughout the day is called
 a. marginal cost pricing
  b. variable pricing
  c. full cost pricing pricing
  d. marginal pricing
 e. dynamic pricing


cadimas

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

ishan

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Jul 1, 2018
Thank you


cadimas

  • Sr. Member
  • ****
  • Posts: 362
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

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.

The Geometry of a Total Solar Eclipse The Geometry of a Total Solar Eclipse
A model of anxiety in which stressful events or a changing mental condition can produce unfavorable A model of anxiety in which stressful events or a changing mental condition can produce unfavorable
How Much Food Does the World Produce Per Person? How Much Food Does the World Produce Per Person?
The two TP sensors used on the throttle body of an electronic throttle body assembly produce ... The two TP sensors used on the throttle body of an electronic throttle body assembly produce ...
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Video: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library