Ask question

Ask question

All categories

3 years ago

8

Why does demand equal marginal revenue for perfectly competitive firms

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

HELP me please look at the picture

Effectus [21]

The answer is 17 you are correct

3 0

3 years ago

Read 2 more answers

Is it possible to divide <br> 0 by 27<br> ?

Mumz [18]

Answer:

No. Dividing by 0 is not rational, no number works.

5 0

3 years ago

Read 2 more answers

Devonte used the change of base formula to approximate log Subscript 8 Baseline 25. Which expression did Devonte use?.

scZoUnD [109]

Answer:

I think I did this. I think the answer choices are:

Log StartFraction 8 Over 25 EndFraction

StartFraction log 8 Over log 25 EndFraction

log StartFraction 25 Over 8 EndFraction

----> StartFraction log 25 Over log 8 EndFraction

So the answer is D

Step-by-step explanation:

6 0

2 years ago

Geometry find the surface area please

nata0808 [166]

Find the surface area of what?

5 0

3 years ago

<img src="https://tex.z-dn.net/?f=2x-y%3D4%5C%5Cy-x%3D4" id="TexFormula1" title="2x-y=4\\y-x=4" alt="2x-y=4\\y-x=4" align="absmi

Flura [38]

Here is the answer. Hope this helps!

5 0

2 years ago