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Profits will be maximized when marginal revenue?
Profits will be maximized when marginal revenue is equal to marginal costs. This will only happen in cases where there are fixed costs.
What would happen to marginal and average productivity if a technological innovation were introduced to the production process?
Marginal and Average productivity increases when technological innovations are introduced into production process.
What happen to the marginal-cost curve when there is a reduction in business property taxes?
There will not be any change.
What would happen to marginal and average productivity if a technological innovation is introduced to the production process?
In tiwl In tiwl
What will happen to the utility of a good as more of it is consumed?
The marginal utility will diminish (that is, it remains positive but its incremental change is negative).
Profits will be maximized when marginal revenue?
Profits will be maximized when marginal revenue is equal to marginal costs. This will only happen in cases where there are fixed costs.
What is a marginal question?
A question that uses the word why like why did this happen or how did thi happen
What would happen to marginal and average productivity if a technological innovation were introduced to the production process?
Marginal and Average productivity increases when technological innovations are introduced into production process.
What happen to the marginal-cost curve when there is a reduction in business property taxes?
There will not be any change.
What would happen to marginal and average productivity if a technological innovation is introduced to the production process?
In tiwl In tiwl
What will happen to the utility of a good as more of it is consumed?
The marginal utility will diminish (that is, it remains positive but its incremental change is negative).
What happen if marginal cost is less than Average cost?
Average cost declines and output increases.
Marginal costing and absorption costing?
These are different forms of costs that a business may deal with. They will each represent what could happen in a situation.
What happen to the product after they are formed?
ready for...................
Absorption costing and marginal costing format?
These are different forms of costs that a business may deal with. They will each represent what could happen in a situation.
What will happen when the supply of a product increases According to Adam Smith?
the price of the product will decrease
What will happen when the demand for a product increases according to Adam Smith?
Supply increases.
