This topic contains a solution. Click here to go to the answer

Author Question: For perfectly competitive firms (Read 27 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598

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


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



 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

For a complete list of videos, visit our video library