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Author Question: Any firms ________ equals P q. (Read 36 times)

Alainaaa8

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Question 1

If an individual perfectly competitive firm charges a price ________ the industry equilibrium price while competitors charge the equilibrium price, the firm will sell all that it produces but forgo revenue that it could have had.


◦ above
◦ below
◦ equal to
◦ More information is needed to answer the question.

Question 2

Any firmʹs ________ equals P × 
q.


◦ total cost
◦ total revenue
◦ marginal revenue
◦ marginal cost


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Marked as best answer by Alainaaa8 on Apr 19, 2019

potomatos

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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.
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Alainaaa8

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


Jsherida

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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