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 ...
96、边际产品转换率(Marginal rate of product transformation) 边际产品转换率是指生产可能性曲线斜率的负数。 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...
Question: The marginal cost of a monopolist is constant and is R10. The marginal revenue curve is given as follows: MR = 100 - 2Q The profit-maximizing price is. Monopoly: A monopoly is the market structure in which only...
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 ...
见边际消费倾向(marginal propensity to consume) 231、Average revenue 平均收益 总收益除以总销售量,即单位收益。平均收益一般与价格相等。 232、Average variable cost 平均可变成本 见平均可变成本(cost, average variable)。 233、Balance of international payment 国际收支平衡表 ...
112、垄断竞争(Monopolistic competition) 垄断竞争是指这样一种市场结构,在该市场中有很多有差别产品的卖者,进入很容易并且厂商之间没有勾结行为。 113、垄断(Monopoly) 垄断是指一种产品只有一个卖者的市场结构。公共事业通常就是这样的情形。 114、买方垄断(Monopsony) 买方垄断是指一种产品只有一个买者的市场结构...
The profit maximizing output level of a monopolist occurs where marginal revenue equals marginal cost. Marginal revenue is always less than price under imperfectly competitive markets because to sell an extra unit of output the firm must lower the price of all units, not just the marginal one.3...
520、Marginal propensity to import(MPm) 边际进口倾向 在宏观经济学中,由于 GDP 每增加一美元而使得进口增加的美元数额。 521、Marginal propensity to save(MPS) 边际储蓄倾向 所追加的一美元可支配收入中用于储蓄的部分。注意,根据定义, MPC+ MPS= 1。522、Margina revenue(MR) 边际收益 ...
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) ...
Answer: B Diff: 1 Section: 10.1 8) To find the profit maximizing level of output, a firm finds the output level where: A) price equals marginal cost. B) marginal revenue and average total cost. C) price equals marginal revenue. D) all of the above E) none of the above Answer: E...