hunter7575 hunter7575

23-02-2018
Business

contestada

When a firm in perfect competition has economic profit is equal to zero?

Respuesta :

kaliyahbenning2 kaliyahbenning2

26-02-2018

In order to maximize profits in a perfectly competitivemarket, firms set marginal revenue equal to marginal cost (MR=MC).

Answer Link

Otras preguntas

Which one of the following statements correctly defines active site? a.The active site is a site on the enzyme molecule where specific substrate molecules bind.

This reproductive structure can be considered an advancement over spores. It protects the embryo from injury and drying out. It also provides food for the embry

Solve the following equations enter x-coordinate of the solution round to the nearest tenth 5y+2y=22 -2y+6y=3

A biologists discovers a new unicellular organism and isolates various components making up the organism. One component contains phosphate, uracil, adenine, rib

A biologists discovers a new unicellular organism and isolates various components making up the organism. One component contains phosphate, uracil, adenine, rib

A number decreased by negative three is equal to -40. Write an equation and find the number.

If a person has memory B cells against a certain pathogen, the person is.. a) likely to develop that disease b) much less likely to develop the disease a second

Why will a decrease in pH of the stomach affect protein digestion? Decrease in pH of the stomach will distort the structure of peptides in food, which affects t

The table below shows the outputs y for different inputs x: Input (x) 1 1 3 3 Output (y) 4 2 12 6 Part A: Does the table represent y as a function of x? Justify

Earth’s continents are constantly in motion because they sit on top of gigantic plates which float on Earth’s mantle. Energy from the Earth’s core creates conve