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

Author Question: Profit-maximizing firms increase production up to the point at which the last unit of the variable ... (Read 127 times)

kmcolvin

  • Full Member
  • ***
  • Posts: 140
on: Oct 12, 2022
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.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


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
Reply #1 on: Oct 12, 2022
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
:D TYSM

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Trig Degrees/Radians unit circle Trig Degrees/Radians unit circle
A throttle-body injection (TBI) unit used on a GM V-6 engine. A throttle-body injection (TBI) unit used on a GM V-6 engine.
A point-type ignition system showing the distributor cam which opens the points A point-type ignition system showing the distributor cam which opens the points
Lattice Parameter Relationships and Figures Showing Unit Cell Geometries for the Seven Crystal Syste Lattice Parameter Relationships and Figures Showing Unit Cell Geometries for the Seven Crystal Syste
How to find the derivative of a function when the base and exponent contain a variable x^x How to find the derivative of a function when the base and exponent contain a variable x^x
form unit form unit
Video: Inflammation and Fever

For a complete list of videos, visit our video library