If a perfectly competitive firm is producing 500 units of output and the marginal revenue from producing the 500th unit of output is $3 and the marginal cost is $3.50, which of the following is true?
A) The firm is earning a profit from producing the 500th unit.
B) The firm should decrease production.
C) The firm should increase production.
D) The firm is producing the profit-maximizing output.
B) The firm should decrease production.
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During the latter phase of the demographic transition, birth rates and mortality rates increase dramatically
Indicate whether the statement is true or false.
A "bun-shaped" occipital bone is characteristic of:
A. modern H. sapiens B. H. erectus C. Australopithecus D. Neandertals
A proton precession magnetometer is useful for identifying subsurface magnetic anomalies. Such magnetic anomalies can indicate all of the following EXCEPT
a. the presence of subsurface artifacts. b. archaeologically irrelevant magnetic "noise.". c. burned structures. d. symbolic meanings of subsurface artifacts e. size, shape, depth, and composition of archaeological objects
Neandertals made clothes, developed elaborate tools, and hunted reindeer, mammoths, and woolly rhinos in order to survive in the cold European climate.
Answer the following statement true (T) or false (F)