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

Author Question: For perfectly competitive firms (Read 12 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 over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

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?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

competitive inhibition competitive inhibition
Non-competitive inhibition Non-competitive inhibition
Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ... Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ...
A substrate and its competitive inhibitor A substrate and its competitive inhibitor
Project Management: Achieving Competitive Advantage Project Management: Achieving Competitive Advantage
Project Management: Achieving Competitive Advantage, 5th Edition Project Management: Achieving Competitive Advantage, 5th Edition
Video: Acid-base imbalances - compensation of metabolic acidosis and alkalosis

For a complete list of videos, visit our video library