« previous next »

Author Question: Marginal cost typically ________ and marginal revenue typically _________ with increasing output. ... (Read 60 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
on: Jul 1, 2018
Marginal cost typically ________ and marginal revenue typically _________ with increasing output.
 a. rises; falls
  b. falls; rises
  c. rises; rises
  d. falls; falls

Question 2

For direct price discrimination to work
 a. The firm need not be able to identify the members of the low-value group
 b. The firm be able to charge the low-value customers a lower price than the higher-value customers
  c. The firm need not worry about any arbitrage since all its customers are charged the same price
  d. It needs to be too complicated for the customers to understand


tashiedavis420

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Recombinants are meiotic output different from meiotic input Recombinants are meiotic output different from meiotic input
Cost Savings with an EHR System Cost Savings with an EHR System
Infant formula is available in several forms and varies in cost and ingredients Infant formula is available in several forms and varies in cost and ingredients
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Calculator Output Calculator Output
Video: What is Cholesterols? Introduction to Lipoproteins

For a complete list of videos, visit our video library