The additional output that results from employing one more unit of a productive input is the marginal product. The gain in total revenue from selling one more unit of output is the marginal revenue. A marginal revenue product exists for any level of output; it is not limited to the level ...
Marginal revenue is equal to price if the demand curve is horizontal.A.对B.错搜索 题目 Marginal revenue is equal to price if the demand curve is horizontal. A.对B.错 答案 A 解析收藏 反馈 分享
Instructor:HirofumiShimizuEconomics101Section8ThirdMidtermExamFall1999Exam3AMarktheonebestanswertoeachofthefollowing30multiplechoicequestionsontheanswersheet.Besuretomarktheanswerbythecorrespondingquestionnumberontheanswersheet.Donotmakeanystraymarksonyouranswersheet.1.Themarginalrevenueproductoflabor(MRPL)is(a)the...
The marginal revenue per unit sold for a firm doing business under conditions of perfect competition will most likely be:A. equal to average revenue.B. less than average revenue.C. greater than average revenue. 正确答案:A 分享到: 答案解析: Under perfect competition, a firm is a price take...
What is the difference between marginal revenue product (MRP) and value marginal product (VMP)? Production: Production refers to the creation of goods and services. There are different types of production which include batch production, job production, and flow production. ...
a. Find the marginal revenue when 100 machines are produced?b. Use the functionto estimate the increase in revenue that will result from increasing production from 100 mac...题目过长已省略部分信息相关知识点: 试题来源: 解析 a. 首先,我们对收入函数 求导,以得到边际收入函数 。 当 时,边际收入 ...
A. less than the price of the product. B. equal to the price of the product. C. greater than the price of the product. D. greater than, equal to, or less than the price of the product, depending on the particular circumstances. E. not determinable F. rom the above information. ...
Any revenue over and above total cost is labeled economic profit. a. true b. false True or false? If its marginal revenue is less than its marginal cost, a firm should reduce its output product. When an increase in marginal productivity increases workers' no...
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]
What is the difference between marginal revenue for a firm in a competitive market and a monopolist?RevenueRevenue is a form of profit collected through the sale of a good or service. It benefits and motivates the producer to produce more of the good. It i...