Answers

UK

Answered

If a purely competitive firm is producing at the P = MC output and realizing an economic profit,at that output:

A) marginal revenue is less than price.
B) marginal revenue exceeds ATC.
C) ATC is being minimized.
D) total revenue equals total cost.

On May 07, 2024


B
UK

Answered

Violations of privacy occur when private information is exchanged in a commercial transaction over the Internet and then is used again even with consent.

On May 06, 2024


False