A、equals marginal revenue.
B、is less than marginal revenue.
C、is greater than marginal revenue.
D、can be greater than or less than marginal revenue.
A、equals marginal revenue.
B、is less than marginal revenue.
C、is greater than marginal revenue.
D、can be greater than or less than marginal revenue.
B.alwaysgreaterthanmarginalrevenue
C.alwayslessthanmarginalrevenue
D.alwaysequaltotheaveragetotalcostofproduction.
B.EveryfirmproducesatanoutputlevelatwhichMC=LRAT
C.Ceterisparibus,thereisnotendencyforfirmstoeitherenterorexittheindustry.
D.Nofirmearnsaneconomicprofit.
此题为判断题(对,错)。
Explain how a competitive, profit-maximizing firm decides how much of each factor of production to demand.
A plastics monopolist faces the demand curve P=180 - Q, where Q is measured in thousands of pounds per year and P is measured in dollars per pound. Marginal cost is constant at MC=$60 per pound.
(a)Find the monopolist's profit-maximizing price and quantity.
(b)What is the elasticity of demand at the profit-maximizing price?
(1)找出利润最大化时的L数量。
(2)找出利润最大化时的q数量。
(3)最大化利润是多少?
(4)假设现在每单位的产出要征税30美元,而每小时的劳动能得到15美元的补助。并且假设企业是价格接受者,所以产品价格保持150美元不变。找出新的利润最大化的L、q和利润。
(5)假设企业要为利润支付20%的税额。找出新的利润最大化的L、q和利润。
A firm uses a single input, labor, to produce output q according to the production function q =8√L. The commodity sells for S 150 per unit and the wage rule is $ 75 per hour.
a. Find the profit - maximizing quantity of L.
b. Find the profit - maximizing quantity of q.
c. What is the maximum profit?
d. Suppose now that the firm is taxed $ 30 per unit of output and that the wage rate is subsidized at a rate of $ 15 per hour. Assume that the firm is a price taker, so the price of the product remains at $ 150. Find the new profit - maximizing levels of L, q, and profit.
e. Now suppose that the firm is required to pay a 20 percent lax on its profit. Find the new profit - maximizing levels of L, q, and profit.
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