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Author Question: Marginal Revenue is A) the increase in total revenue from selling one more unit of output. B) ... (Read 162 times)

jCorn1234

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on: Jul 1, 2018
Marginal Revenue is
 
  A) the increase in total revenue from selling one more unit of output.
  B) equal to P(1+1/).
  C) equal to P when the price elasticity of demand is infinite.
  D) All of the above.

Question 2

The tangency points between the long-run average cost curve (LRAC) and the short-run average cost curves (SRAC) are
 
  A) always at the minimum of the SRACs.
  B) never at the downward portion of the SRACs.
  C) always at the maximum of the SRACs.
  D) not necessarily at the minimum of the SRACs.
Microeconomics ¦ Perloff ¦ 8th Edition
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pallen55

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jCorn1234

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

Zebsrer

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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