题目内容 (请给出正确答案)
[主观题]

Profit is defined as

A、net revenue minus depreciation.

B、total revenue minus total cost.

C、average revenue minus average total cost.

D、marginal revenue minus marginal cost.

提问人:网友xiqinc 发布时间:2022-01-07
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更多“Profit is defined as”相关的问题
第1题
Explicit costs

A、do not require an outlay of money by the firm.

B、enter into the accountant's measurement of a firm's profit.

C、enter into the economist's measurement of a firm's profit.

D、Both b and c are correct.

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第2题
In a competitive market,

A、no single buyer or seller can influence the price of the product.

B、there are only a small number of sellers.

C、the goods offered by the different sellers are unique.

D、accounting profit is driven to zero as firms freely enter and exit the market.

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第3题
A seller in a competitive market can

A、sell all he wants at the going price, so he has little reason to charge less.

B、influence the market price by adjusting his output.

C、influence the profits earned by competing firms by adjusting his output.

D、All of the above are correct.

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第4题
A person who consumes wine and cheese gets a raise, so her income increases from $3,000 to $4,000. Show what happens if both wine and cheese are normal goods. Now show what happens if cheese is an inferior good.
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第5题
Can an increase in the price of cheese possibly induce a consumer to buy more cheese? Explain.
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第6题

Emilio buys pizza for $10 and soda for $2. He has income of $100. His budget constraint will experience a parallel outward shift if which of the following events occur? a. The price of pizza falls to $5, the price of soda falls to $1, and his income falls to $50. b. The price of pizza rises to $20, the price of soda rises to $4, and his income remains the same. c. The price of pizza falls to $8, the price of soda falls to $1, and his income rises to $120. d.The price of pizza rises to $20, the price of soda rises to $4, and his income rises to $400.

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第7题
At any point on an indifference curve, the slope of the curve measures the consumer’s a. income. b.willingness to trade one good for the other. c. perception of the two goods as substitutes or complements. d. elasticity of demand.
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第8题
Matthew and Susan are both optimizing consumers in the markets for shirts and hats, where they pay $100 for a shirt and $50 for hat. Matthew buys 4 shirts and 16 hats, while Susan buys 6 shirts and 12 hats. From this information, we can infer that Matthew’s marginal rate of substitution is _____ hats per shirt, while Susan’s is _____. a. 2, 1 b.2, 2 c. 4, 1 d. 4, 2
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第9题
Charlie buys only milk and cereal. Milk is a normal good, while cereal is an inferior good. When the price of milk rises, Charlie buys a. less of both goods. b. more milk and less cereal. c.less milk and more cereal. d. less milk, but the impact on cereal is ambiguous.
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