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.
Answer:
Hey u can use Ma th way
Step-by-step explanation:
just look it up and you'll get your answer
Answer:
A, C,E
Step-by-step explanation:
Using the rise over run method (change in y over change of x) if the x value stays the same then the function will be undefined.
Answer:
w = 0, 5
Step-by-step explanation:
Answer:
15 units
Step-by-step explanation:
K(8, 6) and J(-4, -3)
Distance between 2 points
Thus using the formula above,
distance between points J and K