Who will be prevented from buying the good
A: Some consumers who also estimate the value of the good at more than the marginal cost of production.
B: Some consumers who estimate the price of the good at more than the marginal cost of the production.
C: Some consumers who have a high opinion of the good at more than the marginal cost of the production.
D: Some consumers who estimate the worth of the good at more than the marginal cost of the production.
A: Some consumers who also estimate the value of the good at more than the marginal cost of production.
B: Some consumers who estimate the price of the good at more than the marginal cost of the production.
C: Some consumers who have a high opinion of the good at more than the marginal cost of the production.
D: Some consumers who estimate the worth of the good at more than the marginal cost of the production.
举一反三
- Producer surplus is equal to: A: the difference between the highest market price consumers are willing to pay for a product and the minimum amount producers are willing to accept for that product. B: the difference between the market price consumers are willing to pay for a product and the actual price they pay. C: the price a producer receives for a product minus the marginal cost of production. D: the economic profit earned from the sale of a good, minus its marginal cost of production.
- The supply curve slopes upward when graphed against ________, because of ________. A: the price of the good; increasing marginal cost B: the price of the good; decreasing marginal cost C: income; increasing marginal cost D: income; decreasing marginal cost
- If, in long run equilibrium, the competitive price of some good is $16.67, then, for each and every firm in the industry, A: marginal cost > average cost = $16.67. B: marginal cost < average cost = $16.67. C: $16.67 = marginal cost = average cost. D: $16.67 = marginal cost > average cost.
- Chinese people value education and career more than Americans, who in turn put more emphasis on good character and faith.
- When marginal cost is less than average cost,