Suppose when a monopolist produces 50 units its average revenue is 8 per unit, its marginal revenue is 4 per unit, its marginal cost is 4 per unit, and its average total cost is 3 per unit. What can we conclude about this monopolist?⏢ANS: B DIF: 2 REF: 15-2 NAT: AnalyticLOC:...
Suppose when a monopolist produces 75 units its average revenue is 10 per unit, its marginal revenue is 5 per unit, its marginal cost is 6 per unit, and its average total cost is 5 per unit. What can we conclude about this monopolist?⏢ANS: D DIF: 3 REF: 15-2 NAT: AnalyticLOC:...
Investopedia: Revenue Texas A&M University: Marginal Cost, Revenue and Profit Cite This Article MLA Banas, Tim. "How To Calculate Average Revenue"sciencing.com, https://www.sciencing.com/calculate-average-revenue-7482597/. 24 April 2017. APA Banas, Tim. (2017, April 24). How To Calculate ...
Marginal cost is the cost of producing one additional unit of output. In a competitive market, a firm can maximize profit by producing a quantity of goods that makes marginal revenue equal to marginal cost. For example, if a T-shirt company can produce shirts for $5 each, it should contin...
97、边际替代率(Marginal rate of substitution) 边际替代率是指如果消费者在收到额外一单位商品X之后要保持满足水平不变而必须放弃的商品Y的数量。 98、边际收益(Marginal revenue) 边际收益是指出售额外一单位产品所带来的总收益的增加。 99、边际收益产品(...
A. average revenue is equal to average cost B. average revenue is equal to marginal cost C. marginal revenue is equal to marginal cost D. marginal cost is equal to average revenue 相关知识点: 试题来源: 解析 C 反馈 收藏
A.Marginalcostpricing.B.Cost-of-revenuepricing.C.Averagecostpricing.答案：C 解析：Underaveragecost...
In a model with linear demands and constant but unequal marginal costs, a sufficient condition for this welfare effect is that the cap equals the average revenue that would be earned with marginal cost pricing. Relaxation of the price cap can lower all prices. Welfare with uniform pricing at ...
Marginal and Average Cost A Cost Function Quanti t y Total Cost Average Cost Incremental Cost or Margi nal Cost 0 11 1 14 2 24 3 36 4 52 5 75 Marginal and Average Cost Average Cost Quanti ty Total Cost Average ...
average revenue curve 平均收入曲线 average revenue 平均收入,平均收益 revenue curve 收益曲线 average revenue product 平均收入产品 space revenue curve 空间收入曲线 marginal revenue curve 边际收入曲线 average variable cost curve 平均可变成本曲线 average sample number curve 平均抽样数量曲线,平均样本...