Is possible for marginal revenue negative for firm selling

Reference no: EM131021725

Is it possible for marginal revenue to be negative for a firm selling in a perfectly competitive market? Is it possible for marginal revenue to be negative for a firm selling in a monopolistically competitive market? Briefly explain.

Reference no: EM131021725

Questions Cloud

Differences between the classical and keynesian models : Which of the following statements best describes the differences between the Classical and Keynesian models presented in class

What is marginal revenue of 101st pound of heirloom tomatoes : Sally runs a vegetable stand. She is selling 100 pounds of heirloom tomatoes per week, at a price of $3.75 per pound. If she lowers the price to $3.70, she will sell 101 pounds of heirloom tomatoes. What is the marginal revenue of the 101st pound ..

What is the marginal revenue of the eleventh unit : When the firm cuts the price from $5.00 to $4.75 to sell the eleventh unit, what area in the graph denotes the output effect, and what is the dollar value of the output effect? What area in the graph denotes the price effect, and what is the dolla..

Discuss the functions of the joint commission : Discuss the functions of the Joint Commission. Define the categories of accreditation. Discuss the National Committee for Quality Assurance (NCQA). How does the NCQA impact health information systems?

Is possible for marginal revenue negative for firm selling : Is it possible for marginal revenue to be negative for a firm selling in a perfectly competitive market? Is it possible for marginal revenue to be negative for a firm selling in a monopolistically competitive market? Briefly explain.

Discuss the five major components of hipaas privacy rule : Discuss the five major components of HIPAA's privacy rule. Discuss three HIPAA-covered entities. Discuss how the HITECH Act and HIPAA work together to ensure patient security. How do they differ?

Engineering calculations to justify component selection : Screenshot of the circuit simulation running and the measurements of the required voltages and currents shown on a virtual digital multimeter from MultiSIM as shown in this week's lecture.

What would you identify in job analysis within organization : What would you identify in a job analysis within an organization, which are the most important factors that would help the supervisors do his or her jobs?

Why in announcing new video game console would microsoft : The article goes on to say that not until nearly half way through the presentation did the Microsoft spokesman mention the new games the console could play. Why in announcing a new video game console would Microsoft focus its presentation on feat..

User Account

All Pages