0
Why would it be problematic to force a regulated firm to charge a price equal to their marginal cost?
Wiki User
∙ 12y ago
the economy of America is based primarily on the free enterprise system. such tactics is wholly opposed to this system.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
A monopolist will set its production at a level where marginal cost is equal to?
A monopolist will set production at a level where marginal cost is equal to marginal revenue.
A producers profits are maximized when marginal costs are?
equal to marginal revenue
Where will A profit maximizing firm produce?
Where the marginal benefits equal marginal costs.
The level of profit maximizing output is reached when marginal cost is?
equal to marginal revenue
When is economic surplus maximized?
when the marginal benefit of consumption is equal to the marginal cost of production.
A monopolist will set its production at a level where marginal cost is equal to?
A monopolist will set production at a level where marginal cost is equal to marginal revenue.
What is the optimal level of pollution?
when marginal benefit is equal to marginal cost To be more specific: When the marginal damage cost of polluting is equal to the marginal abatement cost of polluting (or the marginal benefit of polluting, which is equivalent to the MAC)
A producers profits are maximized when marginal costs are?
equal to marginal revenue
A producers profits are maximized when marginal costs are .?
equal to marginal revenue
Where will A profit maximizing firm produce?
Where the marginal benefits equal marginal costs.
The level of profit maximizing output is reached when marginal cost is?
equal to marginal revenue
When is economic surplus maximized?
when the marginal benefit of consumption is equal to the marginal cost of production.
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.
Rational decisions occur when the marginal benefits of an action equal or exceed the marginal costs?
Rational Decision making occurs when marginal benefits of an action exceed the marginal costs
Marginal cost when buying a house?
marginal cost influences the buyer of the house. If the marginal benefit surpasses or even equal with the marginal cost, the buyer normally decides to buy the house.
What does profit maximizing quantity of output mean?
Its the level of production where marginal cost is equal to marginal revenue.
In the long run a pure monopolist will maximize profits by producing that output at which marginal cost is equal to?
marginal revenue
