Why is the marginal revenue always less than the price for a monopolist but equal to the price for a perfectly competitive firm?Marginal RevenueMarginal revenue is the rate of change in the total revenue based of the addition of one ext...
Why does the marginal propensity to consume decline when there is an increase in income? Why is marginal revenue equal to the average revenue and to the price? Why is there a gap in the oligopolist's marginal-revenue curve? Why can marginal revenue be negative? Briefly explain how...
A monopolist's marginal revenue is less than the price of its product because: (1) its demand curve is the market demand curve, so (2) to increase the amount sold, the monopolist must lower the price of its good for every unit it sells. (3) This cut in prices reduces revenue on ...
That is the reason there is just one you.[今天12:49] 正在翻译,请等待... [translate] a这场比赛在302教室举行 正在翻译,请等待... [translate] aWhy does a firm maximize its profit at the output that marginal cost equals marginal revenue 为什么做企业最大化它的赢利在产品边际成本合计边际收入 ...
[translate] astan coffee stan咖啡 [translate] aDiscus why optimal, thirddegree price discrimination requires that marginal revenue for each group of consumers equals marginal cost. 铁饼为什么优选, thirddegree价格歧视要求边际收入为每个小组消费者合计边际成本。 [translate] ...
Marketing is a way for companies to reach out and speak directly to their current and future customers, including potential investors.
Why are marginal revenue and price equal for the perfectly competitive firm? Why is international trade a win-win game? How do the gains exceed the losses? Explain why it is not sensible to close a business firm if it earns zero economic profits. Why does the wealth maxim...
In particular, a private equity associate should expect to work hours comparable to that of an investment banking associate. There is a marginal improvement in work-life balance on the buy side, but you’re in for a disappointment if you expect the workload in private equity to be easy. ...
Every producer faces a market price that is equal to its marginal cost of production. In the short run, perfect markets are not necessarily productively efficient. But in the long run, productive efficiency is achieved as new firms enter the market. Increased competition reduces price and cos...
Taxes are the primary source of revenue for most governments. Among other things, this money is spent to improve and maintain public infrastructure, including the roads we travel on, and fund public services, such as schools, emergency services, and welfare programs. ...