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、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、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.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?
123 The scope of a project can be expected to change if:
A. The project manager must provide cost estimates without having a design concept B. Oversimplification (underestimating) of the nature of the work occurs
C. The project manager is assigned after the project is defined, and the cost and schedule are approved D. A clear objective is not provided
E. All of the above are possible based upon the situation
Managerial Reserves are:
A.allowances to account for price changes that can occur over the life of a project.
B.incentive fees paid to managers for good performance.
C.funds used to offset poor cost or schedule estimates.
D.accounts to allocate and maintain funds for contingency programs
E.All of the above.
41 The scope of a project can be expected to change if:
A. The project manager must provide cost estimates without having a design concept B. Oversimplification (underestimating) of the nature of the work occurs
C. The project manager is assigned after the project is defined, and the cost and schedule are approved
D. A clear objective is not provided
E. All of the above are possible based upon the situation