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

Author Question: With perfect price discrimination ________, and production is expanded until marginal revenue equals ________. (Read 46 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
on: May 24, 2019
With perfect price discrimination ________, and production is expanded until marginal revenue equals ________.
◦ the firm's demand curve becomes its marginal revenue curve; marginal cost
◦ the firm's demand curve becomes its marginal revenue curve; average total cost
◦ the firm's marginal revenue curve bisects the angle with which demand intersects the price-axis; marginal cost
◦ the firm's marginal revenue curve bisects the angle with which demand intersects the price-axis; average total cost
◦ economic profit is maximized when the lowest price equals marginal cost; average total cost
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by cherise1989 on May 24, 2019

ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: May 24, 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


cherise1989

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: May 24, 2019
Thank you!


ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: May 24, 2019
Always glad to help...


« previous next »
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

British Iron Production, 1600–1870 British Iron Production, 1600–1870
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Production of ATP in Skeletal Muscle Production of ATP in Skeletal Muscle
Production of ATP in Skeletal Muscle Production of ATP in Skeletal Muscle
A comparison of sperm production and egg production in humans A comparison of sperm production and egg production in humans
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ... The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Video: Metabolic Rate, Heat and Thermoregulation - response to heat and cold stresses

For a complete list of videos, visit our video library