« previous next »

Author Question: Marginal cost is ____________. a. The revenue from selling an additional unit of output b. none of ... (Read 27 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570
on: Jul 1, 2018
Marginal cost is ____________.
 a. The revenue from selling an additional unit of output
  b. none of the above
  c. The total cost of production
  d. The cost of producing an additional unit of output

Question 2

A local restaurant increases the prices on its burgers as soon as it begins a promotional campaign. Which of the following is most likely to be true?
 a. The promotional campaign featured how much better their burgers are
 b. The promotional campaign focused on the value per dollar
 c. The promotional campaign made demand more elastic
 d. All of the above


frre432

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

A Chrysler electronic ignition distributor. This unit is equipped with a vacuum advance mechanism ... A Chrysler electronic ignition distributor. This unit is equipped with a vacuum advance mechanism ...
The fuel tank pressure sensor (black unit with three wires) looks like a MAP sensor and is usually ... The fuel tank pressure sensor (black unit with three wires) looks like a MAP sensor and is usually ...
Phosphopantetheine as the reactive unit in ACP and CoA Phosphopantetheine as the reactive unit in ACP and CoA
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Inferring Productivity from Data on Output and Factor Accumulation Inferring Productivity from Data on Output and Factor Accumulation
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Video: Conjunctivitis

For a complete list of videos, visit our video library