If a firm's demand curve is horizontal, then the firm's marginal revenue is: A. less than the price of the product. B. equal to the price of the product. C. greater than the price of the product. D. greater than, equal to, or less than the price of the product, depending on ...
Marginal revenue is equal to the selling price Economic profits will not be earned for any significant period of time The firm is best described as existing in a(n): A. purely competitive market. B. price searcher market. C. monopolistic market structure. 相关知识点: 试题...
A.less than the price of the product.B.equal to the price of the product.C.greater than the price of the product.D.greater than, equal to, or less than the price of the product, depending on the particular circumstances.相关知识点: 试题...
解析 A The firm being described is a price taker firm in a purely competitive market. These firms must sell their product at the going market price, there are no barriers to entry, and there are a large number of firms that produce a homogeneous product....
百度试题 题目A profit maximizing firm will expand output as long as marginal revenue is: A. greater than average fixed cost. B. less than marginal cost. C. greater than marginal cost.相关知识点: 试题来源: 解析 C 略 反馈 收藏
The marginal revenue product curve of a resource for a given firm will directly determine the firm's demand curve for the resource. If the marginal revenue curve for a resource is steep, then the demand curve for the resource will be steep. Resource mobility is not determined by its MRP.反...
百度试题 题目 A firm's incentive to compare marginal revenue and marginal cost is an application of the principle that rational people think at the margin. A.正确B.错误 相关知识点: 试题来源: 解析 A 反馈 收藏
百度试题 题目A firm's incentive to compare marginal revenue and marginal cost is an application of the principle that rational people think at the margin.? 错误正确 相关知识点: 试题来源: 解析 正确 反馈 收藏
For a firm in perfect competition, as output increases the marginal revenue will most likely:() A. increase. B. decrease. C. remain constant. 相关知识点: 试题来源: 解析 C [分析] 由图4可知,由于完全竞争厂商为市场价格的被动接受者,从而其需求曲线为水平线,亦即需求d不随产量Q的变化而变化。
刷刷题APP(shuashuati.com)是专业的大学生刷题搜题拍题答疑工具,刷刷题提供If a firm's demand curve is horizontal, then the firm's marginal revenue isA.less than the price of the product.B.equal to the price of the product.C.greater than the price of the pro