This topic contains a solution. Click here to go to the answer

Author Question: The pricing rule MR=MC hold for a. All firms b. Single product firms c. Multiple product firms ... (Read 84 times)

mcmcdaniel

  • Hero Member
  • *****
  • Posts: 550
The pricing rule MR=MC hold for
 a. All firms
  b. Single product firms
  c. Multiple product firms
  d. None of the above

Question 2

A ____ total cost function yields a U-shaped average total cost function.
 a. cubic
  b. quadratic
  c. linear
  d. a and b only
  e. a, b, and c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cdmart10

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

b

Answer to Question 2

d




mcmcdaniel

  • Member
  • Posts: 550
Reply 2 on: Jul 1, 2018
:D TYSM


Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

For a complete list of videos, visit our video library