Which of the following is consistent with total utility falling: a) Marginal utility is positive but rising, b) Marginal utility is negative, c) Marginal utility is zero, d) Marginal utility is positive but falling. When total utility, U(X), is maximized, marginal ...
1) True or False: The marginal productivity theory of income distribution assumes that factor markets are oligopolies. 2) Human capital is the improvement in ___ produced by ___. a) physical cap The marginal revenue is the additional revenue generated by the last unit of la...
Total revenue equals ___ x ___. a. price; quantity b. demand; marginal revenue c. average revenue; quantity Economic profit is [{Blank}]. a) the same as accounting profit, b) the difference between the firms total revenue and...
If a monopolist has zero marginal costs, it will produce A、the output at which total revenue is maximized. B、in the range in which marginal revenue is still increasing. C、at the point at which marginal revenue is at a maximum. D、i
A monopolist faces the inverse demand curve p = 192-4q.,At what level of output is his total revenue maximized? A. 36 B. 34 C. 12 D. 24 点击查看答案&解析 你可能感兴趣的试题 CYJ12-5-73HB型抽油机的驴头悬点最大载荷为()、最大冲程为()、减速箱最大扭矩为()、平衡方式是()。
but it reflected a persistent issue for the company: Amazon has expertise in many areas, but food is not one of them. For a decade, Amazon—a company with $178 billion in revenue and seemingly limitless resources—had not come close to breaking the billion-dollar sales mark in its fre...
If the price elasticity of demand is greater than 1, a monopoly's A. marginal revenue is zero. B. total revenue decreases when the firm lowers its price. C. marginal revenue is negative. D. total revenue increases when t...
Answer to: Would you expect total revenue to be maximized at an output level that is typically greater or less than the profit-maximizing output...
What will be the value of marginal utility when total utility is maximized? A. Define marginal utility, average utility, and total utility. B. What is the law of diminishing marginal utility? How is it related to consumer choice? What is the difference betwe...