Is possible for marginal revenue negative for firm selling

Assignment Help Microeconomics
Reference no: EM131021725

Is it possible for marginal revenue to be negative for a firm selling in a perfectly competitive market? Is it possible for marginal revenue to be negative for a firm selling in a monopolistically competitive market? Briefly explain.

Reference no: EM131021725

Questions Cloud

Differences between the classical and keynesian models : Which of the following statements best describes the differences between the Classical and Keynesian models presented in class
What is marginal revenue of 101st pound of heirloom tomatoes : Sally runs a vegetable stand. She is selling 100 pounds of heirloom tomatoes per week, at a price of $3.75 per pound. If she lowers the price to $3.70, she will sell 101 pounds of heirloom tomatoes. What is the marginal revenue of the 101st pound ..
What is the marginal revenue of the eleventh unit : When the firm cuts the price from $5.00 to $4.75 to sell the eleventh unit, what area in the graph denotes the output effect, and what is the dollar value of the output effect? What area in the graph denotes the price effect, and what is the dolla..
Discuss the functions of the joint commission : Discuss the functions of the Joint Commission. Define the categories of accreditation. Discuss the National Committee for Quality Assurance (NCQA). How does the NCQA impact health information systems?
Is possible for marginal revenue negative for firm selling : Is it possible for marginal revenue to be negative for a firm selling in a perfectly competitive market? Is it possible for marginal revenue to be negative for a firm selling in a monopolistically competitive market? Briefly explain.
Discuss the five major components of hipaas privacy rule : Discuss the five major components of HIPAA's privacy rule. Discuss three HIPAA-covered entities. Discuss how the HITECH Act and HIPAA work together to ensure patient security. How do they differ?
Engineering calculations to justify component selection : Screenshot of the circuit simulation running and the measurements of the required voltages and currents shown on a virtual digital multimeter from MultiSIM as shown in this week's lecture.
What would you identify in job analysis within organization : What would you identify in a job analysis within an organization, which are the most important factors that would help the supervisors do his or her jobs?
Why in announcing new video game console would microsoft : The article goes on to say that not until nearly half way through the presentation did the Microsoft spokesman mention the new games the console could play. Why in announcing a new video game console would Microsoft focus its presentation on feat..

Reviews

Write a Review

Microeconomics Questions & Answers

  Determine one possible combination of government spending

Assume that a hypothetical economy with an MPC of 0.75 is experiencing a severe recession. 1. By how much would government spending have to rise to shift the aggregate demand curve rightward by $50 billion 2. How large a tax cut would be needed to ac..

  Effects of advertising on market equilibrium

Estimate the number of cups served per week and determine outlet demand curve. What would be the effect of a $5000 increase in the competitors' advertisement expenditure and outlet demand curve

  Does this production function have constant returns to scale

a. Does this production function have constant returns to scale? Explain b. What is the per-worker production function, y=f(k)?

  Why might you expect to see flat royalty payments

Is your explanation consistent with the fact that franchised tutoring services often charge a fixed royalty per student enrolled?

  Question 1 on august 14 1947 the indian subcontinent which

question 1. on august 14 1947 the indian subcontinent which was under british rule for nearly two centuries was granted

  Your company bright paints is one of a dozen companies

your company bright paints is one of a dozen companies manufacturing a special reflective paint used for traffic signs.

  What are the potential weaknesses of model to predict sales

What three factors determine whether two economies with separate fiscal and monetary authorities should form a currency union? Give an illustration of each factor using NAFTA economies.

  Why can not all balance of payments accounts be in surplus

Why can't all the balance of payments accounts be in surplus? What factors decide the demand for British pounds in foreign exchange markets? How are exchange rates determined under a flexible exchange rate system?

  What is foreign aid and what is the goal of foreign aid

What is foreign aid and what is the goal of foreign aid? Does foreign aid promote economic development? Explain briefly. Your response should be at least 75 words in length.

  Which two principles of economy- wide interaction at work

In his January 31, 2007, speech on the state of the economy, President George W. Bush said that "Since we enacted major tax relief into law in 2003, our economy has created nearly 7.2 million new jobs. Our economy has expanded by more than 13 per..

  Graph the demand and marginal cost curves

Graph the demand and marginal cost curves and calculate and indicate on the graph the equilibrium price and quantity

  Decrease of autonomous consumption

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd