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NEW QUESTION: 1
In markets that are imperfectly competitive, such as monopoly and monopolistic competition, firms
produce at an output where:
A. Marginal cost equals marginal revenue.
B. Average costs are minimized.
C. Price equals marginal cost.
D. Price equals average cost.
Answer: A
Explanation:
Choice "d" is correct. Firms produce up to the point where marginal cost equals marginal revenue,
whether the markets are perfectly competitive or imperfectly competitive.
Choice "a" is incorrect. Very close, but it's actual marginal revenue, not price. It is assumed that revenue
is not fixed on a unit basis.
Choice "b" is incorrect. Beyond the point of average costs being minimized, marginal cost will rise.
Still, it will make sense to increase production until marginal cost equals marginal revenue.
Choice "c" is incorrect. Marginal revenue, not price, as revenue is assumed to vary on a per unit basis,
and not average cost, since it will increase profits to expand production until marginal revenue equals
marginal cost.

NEW QUESTION: 2
展示を参照してください。

ルーティングテーブル内のルートを集約または要約する必要がある場所はどこですか?
A. アクセスに向かう分布
B. コアでデータセンターに向かって
C. コアに向かって分布する
D. 分布の中核となる
Answer: C

NEW QUESTION: 3
Which of the following factors can negatively influence indirect costs such as production planning, purchasing, and inventory management?
A. Standardized parts
B. Low efficiency production equipment
C. Time to market
D. Poor product design
Answer: D


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