Reference no: EM132826841
Problem 1: Which of coming up next is legitimate in regards to insignificant pay (MR) in a partnership?
(A) When MR is negative, AR will be negative
(B) When MR is negative, cost will be negative
(C) When solicitation slants slipping expense will be not as much as MR
(D) MR twist lies underneath the AR twist
Problem 2: The equilibrium condition for an overwhelming plan of action firm is
(A) Total expense should be least
(B) Total pay should be generally outrageous
(C) Marginal pay = Marginal cost
(D) Quantity should be most noteworthy
Problem 3: Which of coming up next is false in a monopolistic competition?
(A) Many buyers and shippers
(B) Identical things
(C) Easy section and exit
(D) Price of the competitor is the benchmark cost