lmcglash2576 lmcglash2576
  • 28-10-2019
  • Business
contestada

If the market price is $25 in a perfectly competitive market, the marginal revenue from selling the fifth unit is

Respuesta :

ujgerman ujgerman
  • 30-10-2019

Answer:

the marginal revenue from selling the fifth unit is

$25

Explanation:

Perfect competition is market structure in which the following information:

 

All firms sell an identical product .

All firms are price takers , cannot influence the market price .

Market share has no influence on prices.

Buyers have complete informationabout the product being sold and the prices .

Resources for such a labor are perfectly mobile.

Firms can enter or exit the market without cost

Answer Link

Otras preguntas

when did world war 2 begin
many colleges determine the number of full time students f,by using the formula f=n/15 where n is the total number of credits for each semester if a student reg
how are static electricity and current electricity alike and different?
Type the next step in the pattern.4, 12, 6, 18, 9,               Does anyone know?
May rides her bike the same distance that Leah walks. May rides her bike 10 km/h faster than Leah walks. If it takes May 1 h and Leah 3 h to travel that distanc
i need o fine the length and the width of the rectangle that haves the area 9in and the perimeter
How did Monet study the effects of light
What was Eli Whitney's personality?
What Is a Medium of Instruction?
to the nearest cubic yard how much top soil is needed to create a flower bed with 4 ft wide by 25 ft long by 6 in deep?