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When there are external benefits unregulated markets will tend to produce more than the efficient level of output Is this true or false?
false because it tend to produce less than the efficient level of output
8. The marginal output rule states that if a firm does not shut down then it should produce output at a level where?
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In which of the following market structures do firms produce the welfare-maximizing level of output?
Perfect competition!
What is the name for the level of crop output from a given level of input?
Productivity
The profit-maximizing level of output for this firm?
Answers for If A Firm Is Producing A Level Of Output Where MR Exceeds MC, Would It Improve Profits By Increasing Output, Decreasing Output Or Keeping Output Unchanged?
When there are external benefits unregulated markets will tend to produce more than the efficient level of output Is this true or false?
false because it tend to produce less than the efficient level of output
The level of output the economy can produce in the long run is referred to as?
haw the amount of output in economy produces can be detreminis?
8. The marginal output rule states that if a firm does not shut down then it should produce output at a level where?
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When output is less than the efficient level?
When output is less than the efficient level, the amount consumers are willing to pay equals the cost of production. the cost of production is greater than the price consumers are willing to pay. the marginal cost of producing the good must be greater than the marginal benefit from the good.
In which of the following market structures do firms produce the welfare-maximizing level of output?
Perfect competition!
How can you tell if the head unit output signal is to strong for the amp?
if the head unit can produce sound to your speakers without the amp you have high level output from head unit if your amp only accepts low level input (rca) plugs you must buy a high to low level converter which take speaker high output and reduces it to low ( rca) output and then go to your amp converter is under 20 bucks but most new amp accept hi and low level feed
What is the name for the level of crop output from a given level of input?
Productivity
The profit-maximizing level of output for this firm?
Answers for If A Firm Is Producing A Level Of Output Where MR Exceeds MC, Would It Improve Profits By Increasing Output, Decreasing Output Or Keeping Output Unchanged?
If both aggregate output and the aggregate price level increase what will happen?
a decrease in need which will in turn surplus the output and decrease the price level. then output will decrease.
How marginal revenue and marginal cost can help set the most profitable output level?
A way to find the best level of output is to find the output level where marginal revenue is equal to marginal cost.
What is the level of output every firm strives for?
The level of output every first strives for is when marginal revenue equals marginal cost.
If you have Marginal Cost and Marginal Damages how do you find the optimal level of output?
The optimal level of output is where marginal costs = marginal damages.
