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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.
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dalvyx [7]
2x-8y////2r+5+3r-s+11=5r+16-s////-7x+7
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Mrs. Phillips is grading the semester exams for her Advanced Algebra course.
egoroff_w [7]
This is a very good visual representation. Whether it is the best, or not, depends on the purposes: First, you can see right away where the top 25% (4th quartile) scored by looking at the right hand whisker. Second, you get two measures of variation for the data, the range and the interquartile range. Finally, by looking at the left whisker, you can see that most of the variation comes from the bottom quartile: 3/4 of the students scored between 80 and 100, while 1/4 scored between 80 and 50. As a teacher, I would want more detail about the bottom quartile. It might be that one student scored 50 and everyone else scored between 70 and 80. But I wouldn't need to have it graphically represented. This graph shows me that the class overall is in good shape: The median is close to 90. But there is at least one student, and up to 25 % of the class who did poorly on an exam that otherwise looks very easy.
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3 years ago
Jerry best with 40 questions, out of which he answered 22 correctly. To pass the test, he needs at least 60% correct. What was h
a_sh-v [17]

Answer:

22?

Step-by-step explanation:

I sorry if my answer is wrong.

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3 years ago
Read 2 more answers
-5(2 – 5n) + 6 = -5n - 34<br>-02​
statuscvo [17]

Answer:

Assuming you're solving for <em>n</em>, 1. n=-1 2. n=-1.6

Step-by-step explanation:

1. -5(2-5n)+6=-5n-34-2

Distributive Property

-10+25n+6=-5n-32-2

Add Like Terms

-4+25n=-5n-34

Subtract -4

25n=-5n-30

Subtract -5n

30n=-30

Divide by 30

n=-1

2. -5(2-5n)+6=-5n-34-20

Distributive Property

-10+25n+6=-5n-32-20

Add Like Terms

-4+25n=-5n-52

Subtract -4

25n=-5n-48

Subtract -5n

30n=-48

Divide by 30

n=-1.6

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3 years ago
Please I need so much help​
Natali [406]

Answer:

Number 1 and 4

Step-by-step explanation:

Hope This Helps :)

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