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

Author Question: Profit-maximizing firms increase production up to the point at which the last unit of the variable ... (Read 80 times)

kmcolvin

  • Full Member
  • ***
  • Posts: 140
Profit-maximizing firms increase production up to the point at which the last unit of the variable factor employed adds
◦ nothing to marginal revenue.
◦ just as much to revenue as to profit.
◦ just as much to revenue as to cost.
◦ nothing to marginal cost.
◦ positive economic profits.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kmcolvin on Oct 12, 2022

bigboya

  • Full Member
  • ***
  • Posts: 161
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 58% of students answer this correctly




kmcolvin

  • Member
  • Posts: 140
Reply 2 on: Oct 12, 2022
Gracias!


nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

For a complete list of videos, visit our video library