« previous next »

Author Question: Marginal cost a. Is the incremental cost incurred by producing an additional unit of output. b. Is ... (Read 121 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?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

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

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Retrograde pyelogram. A contrast medium is injected into the ureter using a cystoscope, and the X-ra Retrograde pyelogram. A contrast medium is injected into the ureter using a cystoscope, and the X-ra
Urine output. Urine output.
Schematic Diagram of Steam-to-air experiment (CHE415 Unit Operations) Schematic Diagram of Steam-to-air experiment (CHE415 Unit Operations)
The unit on top of this Subaru that looks like a radiator is the intercooler, which cools the air ... The unit on top of this Subaru that looks like a radiator is the intercooler, which cools the air ...
The Brain and Alcohol As you consume more alcohol, additional areas of your brain are affected The Brain and Alcohol As you consume more alcohol, additional areas of your brain are affected
A Partially Filled 100-Unit Insulin Syringe A Partially Filled 100-Unit Insulin Syringe
Video: Griffith's experiments

For a complete list of videos, visit our video library