This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The main decision for a profit-maximizing perfectly competitive firm is not what ________ but what ________. (Read 84 times)

bclement10

  • Hero Member
  • *****
  • Posts: 560
on: Apr 19, 2019

Question 1

Marginal revenue (
MR) is


◦ TR/q
◦ Δ
TR/Δ
q.
◦ P x
 q
◦ P/q

Question 2

The main decision for a profit-maximizing perfectly competitive firm is not what ________ but what ________.


◦ level of output to produce; price to charge
◦ price to charge; level of output to produce
◦ level of output to produce; total revenue to achieve
◦ price to charge; total cost to achieve
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bclement10 on Apr 19, 2019

mcni194

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Apr 19, 2019
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.
Answer Preview
Only 29% of students answer this correctly


bclement10

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Apr 19, 2019
Thanks


mcni194

  • Sr. Member
  • ****
  • Posts: 311
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Model of a nursing clinical decision support system Model of a nursing clinical decision support system
The hazmat training pyramid. It is important to train from the ground up, starting with a firm grasp ... The hazmat training pyramid. It is important to train from the ground up, starting with a firm grasp ...
Effects of competitive inhibition on enzyme kinetics Effects of competitive inhibition on enzyme kinetics
Main lymph nodes of the leg Main lymph nodes of the leg
Estimates of the dates of origin and extinction of the three main groups of hominins (green, blue, a Estimates of the dates of origin and extinction of the three main groups of hominins (green, blue, a
Competitive firms and maximization Competitive firms and maximization
Video: Lipid catabolism - lipolysis and beta oxidation and oxidation of fatty acids

For a complete list of videos, visit our video library