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

Author Question: When the addition to a monopolist's total profit is negative from selling another unit, then it follows that (Read 337 times)

aabwk4

  • Hero Member
  • *****
  • Posts: 593
on: Apr 19, 2019

Question 1

A monopolist is currently maximizing profits. In addition, if 
P > 
ATC > 
MC, then the monopolist


◦ just breaks even.
◦ earns positive economic profits.
◦ is covering total variable costs but not total fixed costs.
◦ is covering total fixed costs but not total variable costs.

Question 2

When the addition to a monopolist's total profit is negative from selling another unit, then it follows that


◦ MR > 
ATC.
◦ MR = 
MC.
◦ MR > 
MC.
◦ MR < 
MC.
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 aabwk4 on Apr 19, 2019

shaquita

  • Sr. Member
  • ****
  • Posts: 324
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 39% of students answer this correctly


Freya

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Aug 27, 2022
thanks
« previous next »
 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

coagulase negative Staphylococcus on Blood agar coagulase negative Staphylococcus on Blood agar
Percentage of Foreign-Born Whites and Native Whites of Foreign or Mixed Parentage in Total Populatio Percentage of Foreign-Born Whites and Native Whites of Foreign or Mixed Parentage in Total Populatio
Schematic Diagram of the fluidized bed for the experiment (CHE415 Unit Operations) Schematic Diagram of the fluidized bed for the experiment (CHE415 Unit Operations)
Positive and Negative Stereotypes Positive and Negative Stereotypes
A typical oil pressure sending unit on a Ford V-8. A typical oil pressure sending unit on a Ford V-8.
Vector addition Vector addition
Video: Homologous chromosomes during prophase I - Animation

For a complete list of videos, visit our video library