« previous next »

Author Question: Which of the following DOES NOT contribute to the market power of a firm? A) number of available ... (Read 44 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Jul 1, 2018
Which of the following DOES NOT contribute to the market power of a firm?
 
  A) number of available substitutes
  B) the color of the product
  C) legal protections
  D) the number of firms in the market

Question 2

If a profit-maximizing firm finds that, at its current level of production, MR > MC, it will
 
  A) earn greater profits than if MR = MC.
  B) increase output.
  C) decrease output.
  D) shut down.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


tuate

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Flower part number is a characteristic difference between monocots and eudicots (a) Flowers and buds Flower part number is a characteristic difference between monocots and eudicots (a) Flowers and buds
Hydroelectric Power Hydroelectric Power
Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f
POWER POINT PRESENTATION logo POWER POINT PRESENTATION logo
Wind, solar, biomass, and geothermal power account for less than 1% of global power generation Wind, solar, biomass, and geothermal power account for less than 1% of global power generation
Comparison number Grade 1 math Comparison number Grade 1 math
Video: Regulation of GFR: autoregulation via myogenic mechanism Myogenic mechanism

For a complete list of videos, visit our video library