A、there is additional profit as long as the price is greater than the marginal cost of the last unit
B、there is additional profit when the marginal cost of a unit is higher than the price
C、there is no more profit when the price is greater than the marginal cost of the last unit
D、price is not important in determining profit
E、none of the above
A、It can influence the price of its product
B、It produces such that marginal cost equals price
C、It can sell all it wants to at the prevailing market price
D、It produces a positive amount in the short run if it can recover variable costs
E、None of the above are incorrect
A、try to produce and sell that quantity of output at which marginal cost has risen to equality with price
B、try to produce and sell that quantity of output at which marginal cost is equal to average variable cost
C、try to produce and sell that quantity of output at which marginal cost has reached its minimum possible level
D、never let marginal cost reach equality with price, since this is the point at which profits become zero
E、keep marginal cost above price
A.total cost divided by the number of units produced
B.fixed cost divided by the number of units produced
C.extra fixed cost of producing an additional unit of output
D.extra cost of producing an additional unit of output
A、the rising segment of its marginal cost curve, above average cost
B、the rising segment of its average cost curve
C、its entire average cost curve
D、that entire part of its total cost curve in which total cost rises or remains constant as output increases
E、none of the above
Reconsider the common resource problem as given by Example 18. 7. Suppose that crawfish popularity continues to increase, and that he demand curve shifts from C = 0.401 - 0.0064F to C =0.50 - 0. 0064F. How does this shift in demand affect the actual crawfish catch, the efficient catch, and the social cost of common access? (lint: Use the marginal social cost and private cost curves given in the example. )
下表显示了一个以常数边际成本10美元生产的垄断者面临的需求曲线。
(1)计算该厂商的边际收益曲线。
(2)该厂商的利润最大化产量和价格是多少?该厂商的利润为多少?
(3)在一竞争性行业中均衡价格和数量各为多少?
(4)如果该垄断者被迫以完全竞争的均衡价格生产,社会得益是什么?结果是谁获益谁受损?
The following table shows the demand curve facing a monopolist who produces at a constant marginal cost of $ 10.
a. Calculate the firm' s marginal revenue curve.
b. What are the firm's profit - maximizing output and price? What is its profit?
c. What would the equilibrium price and quantity be in a competitive industry?
d. What would the social gain be if this monopolist were forced to produce and price at the competitive equilibrium? Who would gain and lose as a result?
利用你关于边际收益产品的知识,解释下列现象:
(1)一个著名的网球明星在一个30秒钟的电视商业片中得到200000美元。而那个扮演他的搭档的演员只得到500美元。
(2)为了让一个还有两年合同期满的经营不善的储蓄贷款机构的总裁离职,向他支付离职工资。
(3)一架载客400人的大型喷气客机比载客250人的客机定价高,即使两种飞机的制造成本是相同的。
Using your knowledge of marginal revenue product , explain the following:
a. A famous tents star is paid S 200000 for appearing in a 30 - second television commercial. .The actor who plays his doubles partner is paid S 500,
b. The president of an ailing savings and loan is paid not to stay in his job for the last two years of his contract.
c. A jumbo jet carrying 400 passengers is priced higher than a 250-passenger model even though both aircraft cost the same to manufacture.
A. formative
B. marginal
C. vigorous
D. numerous