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The ____________ is the level of production needed for a firm to recover its costs. A. average revenue B. marginal cost C. total revenue D. break-even point E. marginal revenue
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Asked 2/22/2016 10:20:49 AM
Updated 2/22/2016 10:45:05 AM
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This answer has been confirmed as correct and helpful.
Edited by jeifunk [2/22/2016 10:45:00 AM], Confirmed by jeifunk [2/22/2016 10:45:05 AM]
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User: The ____________ is the level of production needed for a firm to recover its costs. A. average revenue B. marginal cost C. total revenue D. break-even point E. marginal revenue

Weegy: The break-even output is the level of production needed for a firm to recover its costs.

armageddon|Points 2072|

User: The median price of a unit of output is called A. break-even point B. marginal cost C. average revenue D. marginal revenue E. total revenue

Question
Asked 2/22/2016 10:20:49 AM
Updated 2/22/2016 10:45:05 AM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Edited by jeifunk [2/22/2016 10:45:00 AM], Confirmed by jeifunk [2/22/2016 10:45:05 AM]
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The additional revenue generated from the sale of a single unit is called _____. A. marginal revenue B. the break-even point. C. average revenue D. total revenue E. marginal cost
Weegy: The break-even output for a firm is that at which: a.Marginal cost = marginal revenue . User: What risk does a firm take by neglecting to do periodic marginal analysis? A. It may lose track of its fixed costs. B. It may lose track of its total revenue C. It may lose track of its profit-maximizing quantity of output. D. It may lose track of its break-even point. (More)
Question
Updated 4/30/2018 12:30:09 PM
2 Answers/Comments
The additional revenue generated from the sale of a single unit is called Marginal Revenue.


Added 4/30/2018 12:30:02 PM
This answer has been confirmed as correct and helpful.
Confirmed by Masamune [5/1/2018 12:41:58 AM]
It may lose track of its profit-maximizing quantity of output- is the risk risk does a firm take by neglecting to do periodic marginal analysis.
Added 4/30/2018 12:30:06 PM
This answer has been confirmed as correct and helpful.
Confirmed by Masamune [5/1/2018 2:19:30 AM]
The law of supply indicates that: A. the product supply curve is downsloping. B. producers will offer more of a product at high prices than they will at low prices. C. consumers will purchase less of a good at high prices than they will at low prices. D. producers will offer more of a product at low prices than they will at high prices.
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Not Answered
Updated 236 days ago|6/29/2019 10:47:35 AM
1 Answer/Comment
The law of supply indicates that: producers will offer more of a product at high prices than they will at low prices.
Added 236 days ago|6/29/2019 10:47:35 AM
This answer has been confirmed as correct and helpful.
______________ is the average price of a unit sold times the quantity sold. A. Marginal revenue B. Average revenue C. Break-even point D. Total revenue E. Marginal cost
Weegy: The break-even output for a firm is that at which: a.Marginal cost = marginal revenue . User: The additional expense of producing one additional unit is called ___________. A. total revenue B. average revenue C. marginal cost D. the break-even point E. marginal revenue Weegy: The break-even output for a firm is that at which: a.Marginal cost = marginal revenue . User: Which terms describe costs that are incurred regardless of a firm’s rate of production? A. variable costs and overhead B. fixed costs and total costs C. variable costs and total costs D. fixed costs and overhead (More)
Question
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Updated 2/20/2019 10:13:48 PM
1 Answer/Comment
Fixed costs and overhead describe costs that are incurred regardless of a firm's rate of production.
Added 2/20/2019 10:13:48 PM
This answer has been confirmed as correct and helpful.
Which of these is a major problem in the execution of a rationing system? A. price neutrality B. market spikes C. price flexibility D. administrative expense
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Updated 238 days ago|6/28/2019 8:40:07 AM
1 Answer/Comment
Administrative expense is a major problem in the execution of a rationing system.

Added 238 days ago|6/28/2019 8:40:07 AM
This answer has been confirmed as correct and helpful.
Which rationing method was instituted for gasoline in the mid-1970s? A. administration of gas sales through post offices B. distribution of ration vouchers C. purchasing days determined by license plate numbers D. manufacturing of more fuel-efficient automobiles
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Not Answered
Updated 238 days ago|6/28/2019 8:46:30 AM
1 Answer/Comment
Purchasing days determined by license plate numbers was instituted for gasoline in the mid 1970s.
Added 238 days ago|6/28/2019 8:46:30 AM
This answer has been confirmed as correct and helpful.
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