For a profit-maximizing firm, the price level equals its marginal revenue (MR) when ___. (a)in an oligopolistic market. (b)in a monopolistic situation. (c)in a perfectly competitive market. (d)sales rise with the increase in price level. 相关知识点: 试题来源: 解析 C 反馈 收藏 ...
When marginal revenue equals marginal cost, the firm A.should increase the level of production to maximize its profit.B.may be minimizing its losses, rather than maximizing its profit.C.must be generating positive economic profits.D.must be generating positive accounting profits.相关知识点: ...
F 1。8、When a good is taxed, the tax revenue collected by the government equals the decrease in the welfare of buyers and sellers caused by the tax。 F 1。9、If the United Kingdom imports tea cups from other countries, then U。K。 producers of tea cups are better off, and U。K....
If the shop only completes 12 service orders each day, then the revenue for the day is$1,500 or$546,000 a year minus$280,280 for the cost of parts and labor. This calculation equals a$265,720 profit for the shop. Now imagine deploying an app from Power Apps that would minimize the...
Marginal Revenue = Change in Total Revenue ÷ Change in Quantity Sold Let’s go back to the example from above. Suppose the company sells one unit of fries for a price of $2 for each of its first 300 units. Its total revenue would be $600 (300 x 2). The company sells the...
However, critics suggest running fiscal deficits over very long periods can be detrimental to a country’seconomyand overall well-being. What Happens When Government Spending Equals Revenue? When government spending equals revenue, the result is a balanced budget. This means there is neither a defic...
Marginal revenue product equals marginal revenue times the price of output. A) True B) False context header: Marginal revenue Context section: The additional revenue generated by the sale of one more unit of output is known as marginal revenue (MR). Although marginal...
Figure 2.The influence of the intensive care unit stay is significant. In patients without AL, the duration of intensive care stay only has a minor influence on the net revenue. Whereas in patients with AL, losses are expected from the first day of the intensive care unit stay. ...
County T collected a tax equal to 3 percent of the price of each home sold in the county in 2009. Approximately how much did County T collect in taxes from all homes sold in 2009 ? $38,000 $260,000 $380,000 $2,600,000 $3,800,000
Setting 𝑟0r0 to be the base discount rate, the residual value of CCUS equipment at the end of project lifespan equals zero. During the period of the CCUS project’s lifespan, the cash flows involved in the CCUS project include the electricity sale subsidy, carbon trading revenue, carbon...