« previous next »

Author Question: Marginal cost a. Is the incremental cost incurred by producing an additional unit of output. b. Is ... (Read 133 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
on: Jul 1, 2018
Marginal cost
 a. Is the incremental cost incurred by producing an additional unit of output.
  b. Is the total cost of production.
 c. Is the total fixed cost of production.
 d. None of the above

Question 2

In order to increase sales the firm can
 a. Increase the reference price for the product
  b. Decrease prices
 c. Differentiate their product
 d. All of the above


kingfahad97

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

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?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

MAP sensors use three wires: 1.5 volt reference from the PCM 2. Sensor signal (output signal) 3. ... MAP sensors use three wires: 1.5 volt reference from the PCM 2. Sensor signal (output signal) 3. ...
A dual-nozzle TBI unit on a Chevrolet 5.0 L V-8 engine. The fuel is squirted above the throttle ... A dual-nozzle TBI unit on a Chevrolet 5.0 L V-8 engine. The fuel is squirted above the throttle ...
A factory replacement unit for a CSFI unit that has individual injectors at the ends that go into ... A factory replacement unit for a CSFI unit that has individual injectors at the ends that go into ...
One unit of clathrate structure surrounding a hydrophobic molecule (yellow) One unit of clathrate structure surrounding a hydrophobic molecule (yellow)
Computer Literacy for IC3, Unit 2: Using Productivity Software, Update to Office 2013 & Windows ... Computer Literacy for IC3, Unit 2: Using Productivity Software, Update to Office 2013 & Windows ...
Producing human insulin in E. coli Producing human insulin in E. coli
Video: Cortisol (protein catabolism, gluconeogenesis, vasoconstriction & anti-inflammation)

For a complete list of videos, visit our video library