The________________is reached when marginal costs and marginal revenue are equal.
Fill in the blank(s) with the appropriate word(s).
Ans: profit-maximizing quantity of output.
You might also like to view...
Which of the following is not part of the "state health insurance marketplaces" provision of the Patient Protection and Affordable Care Act (ACA)?
A) Each state is required to establish an Affordable Insurance Exchange. B) Low-income individuals are eligible for tax credits to offset the costs of buying health insurance. C) Small businesses with fewer than 50 employees are exempt from being required to participate in the program. D) None of the above are a part of the "state health insurance marketplaces" provision.
In contrast to the CAPM, the APT assumes that there can be several sources of ________ that cannot be eliminated through diversification
A) nonsystematic risk B) systematic risk C) credit risk D) arbitrary risk
Borrowing VCU3 from an online company cause the nation's:
a. Monetary base to fall. b. M2 money supply to rise. c. M2 money multiplier to remain the same. d. M2 money supply to fall.
Luis has a factory that he wants to use to make tractors, but the government makes him produce hospital beds. He would like to make 1,000 beds per day, but he is allowed to make only 500 beds. Which of the following countries does Luis most likely live in?
a. Cuba b. France c. Germany d. Australia