Which of the following firms is most likely to have a constant marginal cost?
A) A firm that is a price-taker
B) A firm that has extremely high fixed costs
C) A firm that has extremely high variable costs
D) A firm that faces a horizontal demand curve
Correct Answer:
Verified
Q57: Which of the following is NOT an
Q58: Which of the following is an example
Q59: In Barylia,Greenaqua Corp.is the sole controller of
Q60: Firm A is a monopoly because of
Q61: The following table shows the quantities of
Q63: A monopolist faces _.
A) the market demand
Q64: Marginal revenue is less than the price
Q65: Which of the following statements is true?
A)
Q66: The following table shows the quantities of
Q67: How is the demand curve faced by
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents