Question and answer
)The additional income from selling one more unit of a good, sometimes equal to price, is _____. (1point) (A)increasing marginal returns (B)marginal revenue (C)a variable(D)the marginal product of
labor
B) Marginal Revenue
Expert answered|jhehe|Points 75|
Question
Asked 6/16/2012 2:01:30 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
what happens when the price decreases in the case of a product that has elastic supply?
Weegy: The demand has decreased. (More)
Question
Expert Answered
Updated 6/16/2012 11:44:30 AM
1 Answer/Comment
There is a decrease in demand. So in order to attract more buyer the business has decreased the price. If there was more people buying the product then there would be an increase in demand. The business would take advantage of the increase of consumers by raising prices. However that is not the case here. This is a decrease in demand
Added 6/16/2012 11:44:30 AM
This answer has been added to the Weegy Knowledgebase
Rated good by sar2000, Rated good by sar2000, Rated good by sar2000, Rated bad by sar2000, Rated good by sar2000
what is the level of output every firm strives for? User: what is the level of output every firm strives for? A)when fixed cost and marginal cost are equal. B)when variable cost and marginal cost rise at the same rate. C)when marginal revenue equals marginal cost. D)when marginal revenue is greater than marginal cost.
Weegy: profit maximizing level of output User: that wasnt a selection a,b,c,or d please Weegy: B User: cool! Weegy: MISTAKE C IS THE CORRECT OPTION User: why would the supply curve of a dog walking business be considered elastic? A)because it can hir workers quickly if the price rises. B) becasue the demand for dog walking services flucuates. C) because the supply of dogs changes quickly. D) because the supply of dog walking isnt easily expanded or reduced. a,b,c,or d please :) Weegy: B) becasue the demand for dog walking services flucuates. User: nicee! (More)
Question
Expert Answered
Asked 6/16/2012 11:08:29 AM
0 Answers/Comments
if the supply of a good is elastic, which statement is true? A) the producer will increase the amount being produced if the price rises B) the producer is enjoying increasing marginal returns c) the producer will increase the amount being produced if the price falls D) the producer is experiencing diminishing marginal returns.
Weegy: B and D is not related as marginal return deals with the incremental return. the answer is A as it will be more profitable to supply elastic at the higher price. (More)
Question
Expert Answered
Asked 6/16/2012 11:43:20 AM
0 Answers/Comments
if sellers expect the price of a good to rise in the future, what are they likely to do? A) put more goods on the market immediately B) store goods now to sell more in the future C) raise their prices now D) set prices according to the law of demand
Weegy: Answer is B) if sellers expect the price of a good to rise in the future they store goods now to sell more in the future. (More)
Question
Expert Answered
Asked 6/16/2012 11:49:33 AM
0 Answers/Comments
a raise in the price of a product causes_ A) a decrease in competition B) an increase in demand C) an increase in competition D) a decrease in supply
Weegy: C) an increase in competition because if you are raising prices then consumers will begin looking elsewhere to buy the same product (More)
Question
Expert Answered
Asked 6/16/2012 11:46:34 AM
0 Answers/Comments
18,410,077 questions answered
Popular Conversations
3x + 1 User: Factor 25x 2 + 10x + 1.
Weegy: the answer is (1+5 x)^2 User: The length of a rectangle is 3 more than twice the width. The area of the ...
11/21/2014 9:59:24 AM| 4 Answers
Multiply 3X 1 1/4 User: subtract the fractions and simplify the ...
Weegy: 13/15 - 1/5 = 13/15 - 3/15 = 10/15 = 2/3 User: Divide the fractions and simplify the answer 60 divide by 2 2/3 ...
11/21/2014 8:14:33 PM| 3 Answers
. What is the value of 4 cubed? A. 24 B. 43 C. 64 ...
Weegy: The answer is C. 125,000,000 User: What is the value of 324? A. 1,048,576 B. 18 C. 128 D. ...
11/22/2014 4:52:09 PM| 3 Answers
The _____ is the smallest interval in Western music. half ...
Weegy: In Western music, intervals are most commonly differences between notes of a diatonic scale. User: Which types ...
11/22/2014 9:44:17 AM| 2 Answers
Which of the following best describes the advantage of having data ...
Weegy: a. The number of digits that can be included within the data best describes the advantage of having data ...
11/22/2014 11:03:31 AM| 2 Answers
A colon can be used to combine two clauses when you use it to ...
Weegy: A colon can be used to combine two clauses when you use it to represent the word is letter c. and h
11/22/2014 3:31:35 PM| 2 Answers
Dissonant harmonies tend to resolve to consonant ...
Weegy: Dissonant harmonies tend to resolve to consonant harmonies. This is false. User: Woodwinds and _____ are wind ...
11/22/2014 3:43:53 PM| 2 Answers
Class C helmets are made of aluminum and do not provide protection ...
Weegy: Class C helmets are made of aluminum and do not provide protection from: Electrical hazards. (Class C ...
11/21/2014 1:44:29 AM| 2 Answers
Which pronoun agrees with the antecedent? Both carrots and sweet ...
Weegy: Both carrots and sweet potatoes get ITS color from beta-carotene.
11/21/2014 6:49:00 AM| 2 Answers
One weakness of the British army was fighting on foreign soil.
Weegy: One weakness of the British army was fighting on foreign soil. TRUE.
11/21/2014 7:22:57 AM| 2 Answers
Weegy Stuff
S
L
1
L
P
C
1
P
C
1
L
P
C
1
Points 2298 [Total 14009]| Ratings 10| Comments 2198| Invitations 0|Offline
S
L
Points 1268 [Total 3554]| Ratings 0| Comments 1268| Invitations 0|Offline
S
L
Points 694 [Total 1215]| Ratings 6| Comments 634| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
Points 685 [Total 14059]| Ratings 0| Comments 685| Invitations 0|Offline
S
Points 432 [Total 464]| Ratings 1| Comments 422| Invitations 0|Offline
S
1
L
L
Points 211 [Total 6605]| Ratings 0| Comments 211| Invitations 0|Offline
S
L
Points 149 [Total 1445]| Ratings 3| Comments 119| Invitations 0|Offline
S
Points 50 [Total 50]| Ratings 0| Comments 0| Invitations 5|Offline
S
Points 46 [Total 46]| Ratings 3| Comments 6| Invitations 1|Offline
S
Points 40 [Total 40]| Ratings 4| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.