1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lutik1710 [3]
3 years ago
8

Why does demand equal marginal revenue for perfectly competitive firms

Mathematics
1 answer:
shepuryov [24]3 years ago
6 0
Specifically, price only equals marginal revenue in perfect competition. Price equals MR in perfect competition because your demand curve is horizontal. No matter how much you produce, it always sells at the same price. In other market structures, you can raise or lower prices.
You might be interested in
Michael and Daniel are on a team together. Michael scores 5 points on his turn, but Daniel loses 5 points on his turn.
Tomtit [17]

Answer: They don’t score any points, because since micheal scored 5 points, but Daniel lost those 5 points. They still have 0

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
5. A life insurance policy costs $16.00 for every $1,000.00 of insurance. At
attashe74 [19]

Answer:

800.00

Step-by-step explanation:

so you give me a hint that was for every 16.00 it was 1000.00

i did 16x50=800

i got 50 from <u>50</u> in 50000 and the 16 from <u>16.00 so then i times 16 from 50 which is 800</u>

5 0
3 years ago
What is the area of the kite?
Alona [7]

Answer:

im not fully sure because im a 4th grader but 52 i think.

7 0
3 years ago
Add and Subtract Decimals to
Bogdan [553]
It should be 0.4 cause 0.4 is the same as 0.40
4 0
3 years ago
Luke says you can always add and always multiply to join groups. Is he correct?
dezoksy [38]
Yes, because only equal groups can be multiplied

5 0
3 years ago
Read 2 more answers
Other questions:
  • HOW WOULD I SOLVE THIS? WITH WHAT FORMULA AND WHAT IS THE ANSWER
    7·1 answer
  • If r is seven more than the square of l , then r =
    15·1 answer
  • How do you work out this problem?<br><br>3x+15=66
    7·2 answers
  • List 5 numbers, so that
    15·1 answer
  • Ok guys seriously question
    10·1 answer
  • How high is the hand of the superhero balloon above the ground?
    8·1 answer
  • Calculate the area of a square with a side length of 12 cm.
    7·2 answers
  • Use the distributive property to expand this equation please2/3 (18x + 6z)
    9·1 answer
  • Sketch the graph of each equation y=-5x<br><br><br><br> for the down line it goes till -10
    15·1 answer
  • Brandon decided to make his own hand sanitizer. To be effective, hand sanitizer
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!