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

Author Question: When a monopolist's marginal profit is negative, then it follows that (Read 27 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
on: Apr 19, 2019

Question 1

If a monopolist is producing an output at a point where 
ATC > 
P > 
MC, then it is


◦ breaking even.
◦ earning positive economic profits.
◦ earning negative economic profits.
◦ covering total costs but not total variable costs.

Question 2

When a monopolist's marginal profit is negative, 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 Deast7027 on Apr 19, 2019

princessflame2016

  • Sr. Member
  • ****
  • Posts: 298
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


Deast7027

  • Member
  • Posts: 538
Reply 2 on: Apr 19, 2019
Gracias!

bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

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

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

negative feedback mechanism negative feedback mechanism
Negative feedback control of the female reproductive hormones Negative feedback control of the female reproductive hormones
Timothy O'Sullivan (negative) and Alexander Gardner (print), A Harvest of Death, Gettysburg, ... Timothy O'Sullivan (negative) and Alexander Gardner (print), A Harvest of Death, Gettysburg, ...
Negative feedback control of a regulated variable. Negative feedback control of a regulated variable.
The cell wall of a Gram-negative bacterium, E. coli The cell wall of a Gram-negative bacterium, E. coli
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Video: Chromosome structural organization/ Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library