Managers of a monopoly maximize profit in the long run by setting ________ equal to ________.
A) marginal cost; long-run average variable cost
B) marginal revenue; long-run average variable cost
C) marginal cost; long-run average cost
D) marginal revenue; long-run marginal cost
D) marginal revenue; long-run marginal cost
You might also like to view...
The Yako of Nigeria practice double descent. What are the different functions of the matriclans and patriclans among them?
What will be an ideal response?
In both face-to-face and telephone conversations,
A participants are on equal footing at the beginning of the interaction. B participants do not usually need to identify themselves by name. C people structure the conversations at the beginning and end. D the person who initiates the conversation always interrupts the other interlocutor. E people dismiss the use of adjacency pairs to structure the conversation at the beginning and end.
At birth the infant gut is sterile, but it is quickly populated by a host of microorganisms that will influence lifelong health. This is referred to as:
a. bacterial microbial environment. b. ?the microbiome. c. epigenic environment. d. ?adolescent growth spurt. e. pleiotropic effects?.
Religion serves various functions in society, including each of the following except:
a. it provides a path of hope. b. it unites people worldwide in a belief system. c. it provides moral guidelines for personal conduct. d. it provides an orderly view of the universe. e. reinforces community values.