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

Author Question: For perfectly competitive firms (Read 16 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
on: Apr 19, 2019

Question 1

The ________ that a firm takes in when it increases output by one additional unit is marginal revenue.


◦ total revenue
◦ added revenue
◦ extra resources
◦ additional labor

Question 2

For perfectly competitive firms


◦ marginal revenue equals total revenue.
◦ marginal revenue equals price.
◦ total revenue equals price.
◦ All of these
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 nmorano1 on Apr 19, 2019

ky860224

  • Sr. Member
  • ****
  • Posts: 350
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 49% of students answer this correctly


nmorano1

  • Hero Member
  • *****
  • Posts: 598
Reply #2 on: Apr 19, 2019
Excellent


ky860224

  • Sr. Member
  • ****
  • Posts: 350
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Eye ball perfectly labelled (map) Eye ball perfectly labelled (map)
Firms Incorporated into U.S. Steel Firms Incorporated into U.S. Steel
Competitive inhibitor Competitive inhibitor
Effects of competitive inhibition on enzyme kinetics Effects of competitive inhibition on enzyme kinetics
A substrate and its competitive inhibitor A substrate and its competitive inhibitor
A 2.8-kg tool can move on a perfectly smooth ramp that slants at 42° above the horizontal. ... A 2.8-kg tool can move on a perfectly smooth ramp that slants at 42° above the horizontal. ...
Video: Graded potentials - electrical characteristics and types

For a complete list of videos, visit our video library