答案解析: When a firm operates under conditions of perfect competition, marginal revenue always equals price. This is because, in perfect competition, price is constant (a horizontal line) so that marginal revenue is constant. 统计:共计104人答过,平均正确率78.84% 问题:进入高顿部落发帖帮助...
百度试题 结果1 题目When a firm operates under conditions of perfect competition, marginal revenue always equals: A. price. B. total cost. C. average variable cost. 相关知识点: 试题来源: 解析 A 反馈 收藏
美 英 un.边际收入 网络边际收益;利润差额;边际效益 英汉 英英 网络释义 un. 1. 边际收入 例句 释义: 全部,边际收入,边际收益,利润差额,边际效益 更多例句筛选
While marginal revenue can remain constant over a certain level of output, it follows the law of diminishing returns and will eventually slow down as the output level increases. In economic theory, perfectly competitive firms continue producing output until marginal revenue equals marginal cost. Key...
Marginal revenue follows the law of diminishing returns. According to the law, the output slows down with a gradual increase in inputs.In the case of a perfectly competitive business, marginal revenue means to continue to produce output up to the point when marginal revenue equals the marginal ...
units ofOUTPUT. The marginal revenue product of a factor is given by the factor'sMARGINAL PHYSICAL PRODUCT(MPP) multiplied by theMARGINAL REVENUEof the product. (In the case of products sold in perfectly competitive markets, marginal revenue equals price so the MRP is equal to MPPxprice.) ...
C、Reduce the price from $2.00 to $1.00. D、Reduce the price from $2.00 to $1.75. 点击查看答案 第5题 For a profit-maximizing firm, the price level equals its marginal revenue (MR) when ___. A.in an oligopolistic market. B.in a monopolistic situation. C.in a perfectly competitive...
When marginal revenue equals marginal cost, the firm A.should increase the level of production to maximize its profit.B.may be minimizing its losses, rather than maximizing its profit.C.must be generating positive economic profits.D.must be generating positive accounting profits.相关知识点: ...
t. by producing an output level where marginal revenue equals marginal cost; for firms operating in perfectly competitive industries, maximizing profits also means producing an output level where price equals marginal cost. 相关知识点: 试题来源: 解析 对 ...
But in the actual life we find that different units of a product are sold by the seller at the same price in the market (except when he discriminates and charges different prices for different units of the good), average revenue equals price. Thus in economics we use average revenue and...