when perfectly competitive firm X sells three units of product Z, its marginal revenue is $4.67. when it sells one hundred units, marginal revenue is $4.67. We can conclude that the price isA. DroppingB. $4.67C. Too highD. the price cannot be calculated with the information
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “when perfectly competitive firm X sells three units of product Z, its marginal revenue is $4.67. when it sells one hundred units, marginal ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Harry was on the phone negotiating the terms of a contract for the purchase of 12 dozen ball caps containing his university's logo with all logos, llc.
Answers (1)
If Southwest Development Company is a 50-50 partnership of Merideth Harper and Christopher Black,: (Select the best answer below.) A. Ms. Harper has unlimited liability, which means creditors can claim against her personal assets. B. Ms.
Answers (1)
You would like to invest in one of the profitable business units of a multinational corporation. In a meeting with management, you explain that you'll only consider a unit categorized, according to the BCG matrix, as a question mark.
Answers (1)
Diversifiable risk is defined as: A. Risk with two possible outcomes B. Risk with three possible outcomes C. An individual's perception of risk D. None of the above
Answers (1)
Which of the following is not a pathway to paternity? Select one: a. marriage b. AOP Legal Document c. None of the above
Answers (1)
New Questions in Business
Baylee is driving her friend sarah to the movies. baylee loses control of the car and crashes into a fence. the vehicle's airbags deploy, and both sarah and baylee are shaken up but not physically injured.
Answers (1)
What identifies data outside of a normal condition?
Answers (1)
All of the following are examples of facility level costs except: Select one: a. Costs of cleaning the workplace. b. Costs of custodial work. c. Costs of personnel support. d. Costs of receiving shipments. e. Costs of providing electricity.
Answers (1)
The law of supply states that a. as prices rise, so will supply and vice versa. b. as prices fall, supply will rise and vice versa. c. as prices rise, supply will fall and vice versa. d. as prices rise, supply will stabilize and vice versa.
Answers (1)
Harold and Zack have pooled their money together to buy real estate but have filed no formal papers toform a business. Harold, a lawyer, handles all the legal matters and Zack, a real estate broker, finds buyers for the property they have subdivided.
Answers (1)