Question and answer
Profits are maximized when marginal revenue and marginal costs are ________. a. set c. equal b. less than market price d. greater than market price
profits are maximized when marginal revenue and marginal cost are equal.
Get an answer
Original conversation
User: Profits are maximized when marginal revenue and marginal costs are ________. a. set c. equal b. less than market price d. greater than market price

Weegy: profits are maximized when marginal revenue and marginal cost are equal.
nips18|Points 22|

User: Which of the following is an example of lower production costs brought about by the use of technology? a. the delivery costs of gasoline to the consumer by diesel trucks b. the use of e-mail to replace slower surface mail c. the making of breads and pastries in local shops rather than large bakeries d. the importing of fresh vegetables from South America rather than using canned vegetables

Weegy: B) the use of e-mail to replace slower surface mail is an example to lower production costs by using technology.
MrG|Points 3954|

User: What is the effect of import restrictions on prices? a. They cause prices to drop. b. They cause prices to rise. c. They often cause prices to rise steeply and then drop. d. They usually do not have any lasting effect on price.

Weegy: Sir/Madam the answer is letter "B. They cause prices to rise."
beboythewizkid|Points 2048|

User: In which category do subsidies, excise taxes, and regulation belong? a. effects of rising costs b. limitations on imports c. government’s influence on supply d. benefits of marginal costs

Weegy: In which category do subsidies, excise taxes, and regulation belong government's influence on supply.
jeifunk|Points 9732|

User: Which of the following will shift the supply curve to the right? a. reduction in the number of sellers c. an increase in technology b. an increase in the price of the product d. a decrease in the number of customers for the product

Weegy: d. a decrease in the number of customers for the product would shift the supply curve to the right (
Expert answered|jenid706|Points 133|

Question
Asked 5/21/2013 7:41:25 PM
0 Answers/Comments
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
A baker calculates that by spending $16 on labor and materials, she can bake 10 cakes a day. $24 will allow her to bake 12 cakes, while $36 spent on labor and materials produces 14 cakes. In terms of capital and labor, the baker has A. increasing marginal returns. B. constant marginal returns. C. decreasing marginal returns. D. negative marginal returns.
Weegy: The answer to your question is C. If she could bake 10 cakes for $16 you would expect her to bake double the amount for double the price. However, she can only bake 14 cakes for 4 extra dollars. [ You can see the definition of decreasing marginal returns (also known as diminishing returns) here: ] User: Which is an example of a monthly fixed cost for a sandwich shop? a. rent c. workers' wages b. electric bill d. meat and cheese for sandwiches Weegy: The answer is letter A. Rent. Rent is a fixed cost it is any cost that stays the same every month. (More)
Question
Expert Answered
Asked 5/21/2013 7:38:58 PM
0 Answers/Comments
When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached? a. supply and demand c. equilibrium b. excess demand d. price floor
Question
Not Answered
Updated 5/21/2013 9:08:50 PM
1 Answer/Comment
When buyers will purchase exactly as much as sellers are willing to sell, (C) Equilibrium is the condition that has been reached.
Added 5/21/2013 9:08:52 PM
20,582,686 questions answered
Popular Conversations
what is 1 - 100
Weegy: 4(3)^2 - 10(2) = 4(9) - 20; = 36 - 20; = 16 User: what is 1 + 1 Weegy: "What" is used with a noun in ...
4/25/2015 11:26:02 AM| 3 Answers
Simplify 5x + 4x + 1. User: Simplify -3 xy3 + 7 xy3 + (- xy3 ) + (-3 ...
Weegy: Simplifying 6x2 + -17x + 5 = (3x + -1)(2x + -5) Reorder the terms: 5 + -17x + 6x2 = (3x + -1)(2x + -5) Reorder ...
4/26/2015 5:05:02 PM| 3 Answers
Which of the following best describes ...
Weegy: The ability to be hammered thin best describes malleability. User: Which of the following is always true ...
4/25/2015 5:51:30 AM| 2 Answers
Which word in the sentence functions as an objective complement? The ...
Weegy: An objective complement is a noun, adjective, or pronoun serving as a complement to a verb and qualifying its ...
4/25/2015 3:38:07 PM| 2 Answers
-12 + 7 + (-1) = User: 19 + (-27) =
4/25/2015 5:32:17 PM| 2 Answers
How many solutions does this linear system have? y = x+ 2 6x – 4y ...
Weegy: There is a caret or other operator missing in the equation. Example: the input 'x^2y5' is invalid, cannot ...
4/25/2015 6:40:18 PM| 2 Answers
The Indo-European languages are believed to have originated ...
Weegy: Indo-European languages originated 7,800 to 9,800 years ago in Anatolia present day Turkey. [ The Indo-European ...
4/26/2015 10:36:09 AM| 2 Answers
A line passes through the points (-10,4) and (-1,2). What is the ...
Weegy: A line passes through the points and (-10, 4) and (-1, 2) The slope of the line that passes through the two ...
4/26/2015 4:05:37 PM| 2 Answers
Simplify 8(3 - 2x). User: Simplify 81.56 + n - 2.55.
Weegy: 81.56 + n - 2.55 = 79.01 + n User: Simplify 3x + 3 + 2. User: Simplify 2x + x. User: Simplify -12x + 5x. ...
4/26/2015 4:58:32 PM| 2 Answers
Weegy Stuff
S
L
Points 712 [Total 2289]| Ratings 1| Comments 702| Invitations 0|Offline
S
L
Points 633 [Total 1200]| Ratings 2| Comments 613| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
Points 432 [Total 8309]| Ratings 3| Comments 402| Invitations 0|Offline
S
Points 428 [Total 428]| Ratings 0| Comments 428| Invitations 0|Offline
S
Points 213 [Total 213]| Ratings 1| Comments 203| Invitations 0|Offline
S
Points 197 [Total 197]| Ratings 2| Comments 177| Invitations 0|Offline
S
1
L
L
Points 189 [Total 8183]| Ratings 0| Comments 189| Invitations 0|Offline
S
L
1
R
Points 128 [Total 1200]| Ratings 1| Comments 118| Invitations 0|Offline
S
L
Points 125 [Total 3728]| Ratings 0| Comments 125| Invitations 0|Offline
S
1
L
1
Points 43 [Total 3484]| Ratings 1| Comments 33| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.