【題目】 A competitive firm will tend to expand its output so long as: Marginal revenues is positive. Marginal revenues is greater than the average cost. Marginal cost is less than average cost. 答: Marginal revenues is greater than marginal cost.
【題目】 In long-run equilibrium of a competitive market, the number of firms in the markets adjusts so that all of the market demand is satisfied at a price equal to sunk cost maximum marginal cost minimum average variable cost minimum average total cost
【題目】 A competitive firm will tend to expand its output so long as: Marginal revenues is greater than marginal cost. Marginal cost is less than average cost. Marginal revenues is greater than the average cost. Marginal revenues is positive.
【題目】 In long-run equilibrium of a competitive market, the number of firms in the markets adjusts so that all of the market demand is satisfied at a price equal to sunk cost minimum average variable cost minimum average total cost ------答案 maximum marginal cost