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There is no difference between marginal revenue product (MRP) and marginal value product (MVP). The latter is another name for the former. The MRP or... Learn more about this topic: Marginal Revenue | Definition, Formula & Calculation ...
The cost function of a company as a function of units produced x is \\ C(x)=245+33x-0.08x^2. \\ What is the cost to produce unit 32? \\ What is the marginal cost at x=31? Given the following cost and revenue functions: C(q) = q^3 - 10q^2 - 57q and R(q) = -3q...
B. Marginal revenue < price. C. Marginal revenue = price. 相关知识点: 试题来源: 解析 B For a price searcher, demand is downward sloping, marginal revenue is less than price since price must be reduced to sell additional units of output.反馈...
Why is marginal revenue significant? We can help It’s essential to understand the numbers behind your business, especially when it comes to revenue. But what about marginal revenue? Find out everything you need to know, starting with our marginal revenue definition. Marginal revenue definition Ma...
There is a direct relationship between marginal revenue and theprice elasticity of demand. This is the change in consumption of goods and services based on their prices. Positive marginal revenue meansdemandis elastic. When marginal revenue is negative, demand is inelastic. ...
19.What is the relationship between price and marginal revenue for a price searcher? A:A:Marginal revenue > priceB:B:Marginal revenue < priceC:C:Marginal revenue = price 正确答案:B 分享到: 答案解析: 暂无解析 统计:共计0人答过,平均正确率0% 问题:进入高顿部落发帖帮助...
The optimal number of workers is determined by the well-known marginal condition. In stochastic models with labor contracts involving some kind of profit sharing both profit and worker's compensation are random variables. The appropriate marginal condition will be discussed in a model of such type....
C. Marginal revenue < price. 正确答案:C 分享到: 答案解析: For a price searcher, demand is downward sloping, marginal revenue is less than price since price must be reduced to sell additional units of output. 统计:共计111人答过,平均正确率45.04% 问题:进入高顿部落发帖帮助...
Diminishing marginal utility can be used to explain why demand curves are downward-sloping, the order in which people value certain outcomes, and how consumers communicate valuable information to producers and distributors through the price mechanism. This latter function is where marginal be...