In perfectly competitive markets, firms can sell the entire quantity they produce at the market price, so marginal revenue is equal to the market price. In imperfect competition, firms are price searchers in tha
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...
Marginal revenue is not always equal to the marginal cost. The only time when marginal revenue is equal to the marginal cost is when a firm is...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer your tough ...
Marginal revenue is equal toA.total revenue divided by price.B.the change in total revenue divided by total output.C.the change in total revenue divided by the change in quantity sold.D.price divided by quantity sold.的答案是什么.用刷刷题APP,拍照搜索答疑
For instance, in a truly competitive market place where manufacturers are selling mass-produced, homogenous products at the market price, the marginal revenue is equal to the market price. In other words, manufacturers of commodities with little differentiation will always sell their products at the...
A business can examine its marginal revenue to determine the level of its earnings based on the extra units of output sold. Hence, a company seeking to maximize profits must raise its production up to the level where marginal revenue is equal to the marginal cost. However, it may perform a...
For a firm in perfect competition, marginal revenue is equal to the market price. a. True. b. False. True or false? Total utility always decreases when diminishing marginal utility is present. The advantage of public ownership of a ...
C. Equal to price in monopolistic competition. D. The change in total revenue associated with producing and selling one more unit.正确答案:D 分享到: 答案解析: D is corrent. Marginal revenue is defined as the amount of additional revenue received from the sale of one additional unit.A is in...
The value of the marginal product is equal to ( ) A. marginal product marginal cost. B. marginal product product price. C. marginal revenue marginal cost. D. marginal cost product price. 相关知识点: 试题来源: 解析 b ...
aNAO APLICAVEL 不可适用 [translate] aRaptors 猛禽 [translate] awhen the marginal revenue of trade credit lending is equal to the marginal cost, and this condition produces an optimal credit period. 当商业信用借贷边际收入与边际成本和这个情况时是相等的导致一个优选的借贷期限。 [translate] ...