aA monopoly is a firm that is the sole seller in its market. 独占是单一卖主在它的市场上的企业。[translate] aA monopoly’s marginal revenue is always less than the price of its good. 独占的边际收入比价格总是较少的它好。[translate]
aI will silently guard at your side 我将沈默地守卫在您的边 [translate] aturn off phone 关闭电话 [translate] aA monopolist’s marginal revenue is always less than the price of its good (MR < P) 垄断者的边际收入比价格总是较少的它好(先生< P) [translate] ...
For the monopolist, marginal revenue is always less than the price of the good.A.正确B.错误的答案是什么.用刷刷题APP,拍照搜索答疑.刷刷题(shuashuati.com)是专业的大学职业搜题找答案,刷题练习的工具.一键将文档转化为在线题库手机刷题,以提高学习效率,是学习的生产
A. Explain how the price effect contributes to the fact that, for a monopoly, marginal revenue is always less than the price. B. Explain how the quantity effect contributes to the fact that, for a monopoly, marginal revenue is always less than...
Answer to: Why is the marginal revenue always less than the price for a monopolist but equal to the price for a perfectly competitive firm? By...
A. the revenue gain from the last unit sold is offset by a revenue loss on the units that previously had been sold at a higher price. B. the revenue gain from the last unit sold is offset by further gains in price on units not sold at all. C. total revenue always decreases as out...
A monopolist's marginal revenue is less than the price of its product because: (1) its demand curve is the market demand curve, so (2) to increase the amount sold, the monopolist must lower the price of its good for every unit it sells. (3) This cut in prices reduces revenue on ...
Themarginal cost of productionandmarginal revenueare economic measures used to determine the amount of output and the price per unit of a product that will maximize profits. A rational company always seeks to squeeze out as muchprofitas it can, and the relationship between marginal revenue and th...
Marginal cost is an important factor in economic theory because a company that is looking to maximize its profits will produce up to the point where marginal cost (MC) equalsmarginal revenue (MR). Beyond that point, the cost of producing an additional unit will exceed the revenue generated. ...
The price should always be competitive so that consumers prefer it and continue to purchase the product in the future as well. Marginal revenue also helps companies realize the need for a shift in production in sync with the market demand so that loss is minimized when there is low demand ...