View Full Version : Economics
chris2time
Jan 11, 2011, 12:47 PM
I need help, here is the problem. 1.) Company A can produce at a constant marginal cost. This means that...
CHOICES:
A.) the company's total cost does not rise as it increases production.
B.) the company's total cost rises by the same amount every time it increases production by one unit.
C.) the company can earn a profit no matter what price it charges.
D.) None of the above.
chris2time
Jan 11, 2011, 12:49 PM
When something is being produced, there is always a...
A.) A buyer
B.) an opportunity cost
C.) an elastic supply
D.) A profit
WHICH ONE IS THE CORRECT ONE?
smoothy
Jan 11, 2011, 12:59 PM
Shame shame shame... you are sitting in class and having a pop quiz right now... aren't you?
smoothy
Jan 11, 2011, 12:59 PM
Shame shame shame... you are sitting in class and having a pop quiz right now... aren't you?
chris2time
Jan 11, 2011, 01:59 PM
What is economics?
chris2time
Jan 11, 2011, 02:08 PM
WHAT IS THE CORRECT ANSWER, AND ONLY GIVE THE CORRECT ANSWER... OR ELSE.
A market-clearing price is important because...
A.) It clears away scarcity
B.) it balances the amounts demanded and supplied.
C.) it shifts both the demand and supply curves.
D.) it causes buyers to disappear from the market.
JudyKayTee
Jan 11, 2011, 02:10 PM
We don't do homework, particularly homework on demand. I did mine; it's your turn to do yours.
JudyKayTee
Jan 11, 2011, 02:10 PM
Four posts on the same basic subject - yes, for shame; yes, undoubtedly in class. I liked the DEMAND for the right answer best.
JudyKayTee
Jan 11, 2011, 02:11 PM
Open your textbook - and you'll see it explained clearly.
Four homework questions - ?
Alty
Jan 11, 2011, 02:43 PM
WHAT IS THE CORRECT ANSWER, AND ONLY GIVE THE CORRECT ANSWER... OR ELSE.
Are you threatening us? Or else what? You'll fail? You'll leave the site? Just a little tip, threatening people when you have absolutely nothing to threaten them with, doesn't make you look very bright.
We don't do homework questions on this site. We're willing to help if you put in some effort, but more effort than simply typing your question to a thread, is needed.
You have a computer, so Google. You can read, so open the book. That's where the answer to your question is. You'll just have to put in some effort, do the work, which will make you a better person in the long run.
smoothy
Jan 11, 2011, 03:45 PM
Economics
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WHAT IS THE CORRECT ANSWER, AND ONLY GIVE THE CORRECT ANSWER...OR ELSE.
A market-clearing price is important because.....
A.) It clears away scarcity
B.) it balances the amounts demanded and supplied.
C.) it shifts both the demand and supply curves.
D.) it causes buyers to dissapear from the market.
Or else what?. you fail your test?
Gee, a threat from a Junior high school student. I'm shaking here. :cool: Damn, I might even lose 1 or 2 seconds of sleep tonight.
Pick up your textbook if this is homework and read... and if this was a test you were cheating on... you already failed it.
The answer is so obvious its clear you aren't much of a student. You REALLY need to read that chapter... even if it means you miss tonights Sesame Street episode. YOU NEED to understand this if you want to understand how the real world functions.