Why, in the case of a monopolist, is the marginal revenue at any output less than the output price? Why is profit maximization given by marginal cost equals marginal revenue in a monopolistic market? a. Why, in the case of a monopolist, is ...
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. What is meant by marginal revenue product? b. Why is the MRP curve of the factor is the firm's demand curve of the factor? On a monopolistic competition graph, why are the demand and marginal revenue curves sloping downward?
Marginal product of labor(MPL), also known asmarginal return, measures the productivity of each additional unit of input and is calculated by observing the difference in total product when adding another unit of input (assuming other resource quantities are held constant). Two important considerations...
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(Marginal revenue product) ...
In a model of monopolistic competition with heterogeneous firms, distortions in prices drive a wedge between the marginal revenue products of factor inputs across firms. We use census data for Brazil's retail sector to study implications for aggregate productivity and relate distortions to regional ...
36、可贷资金的需求曲线(Demand curve of loanable funds) 可贷资金的需求曲线表示可贷资金的需求量与利率二者之间的关系。 37、贴现率( Discount rate) 当利率用于计算投资的净现值时,它被称为贴现率。 38、可分散风险(Diversifiable risk) 可以通过多样化来避免的风险是可分散风险。 39、主导厂商( Dominant firm...
B) marginal revenue and average total cost. C) price equals marginal revenue. D) all of the above E) none of the above Answer: E Diff: 1 Section: 10.1 9) As the manager of a firm you calculate the marginal revenue is $152 and marginal cost is $200. You should: A) expand output...
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(Marginal revenue product) ...
A firm has marginal revenue less than price. Does this describe a monopoly firm, a monopolistically competitive firm, both, or neither? Explain. Explain how a monopolist chooses the quantity of output to produce and the price to charge. ...