Marginal revenue (MR) is ____________ when total revenue is maximized.
a. greater than one
b. equal to one
c. less than zero
d. equal to zero
e. equal to minus one© BrainMass Inc. brainmass.com October 24, 2018, 7:29 pm ad1c9bdddf
The solution answers the question(s) below.
Multiple Choice Economics
The constant or intercept term in a statistical demand study represents the quantity demanded when all independent variables are equal to:
b. their minimum values
c. their average values
e. none of the aboveView Full Posting Details