a. The equality of marginal revenue and marginal cost is essential for profit maximization in all market structures because when this is true multiple choice 1 the last unit produced adds more to revenue than costs, and its production must necessarily increase profits or reduce losses. the last unit produced adds more to costs than revenue, and its production must necessarily increase profits or reduce losses. firms make a profit. firms experience the law of diminishing marginal returns.

Alocation analysis has been narrowed down to two locations, akron and boston. the main factors in the decision will be the supply of raw materials, which has a weight of .50, transportation cost, which has a weight of .40, and labor cost, which has a weight of .10. the scores for raw materials, transportation, and labor are for akron 60, 80, and 70, respectively; for boston 70, 50, and 90, respectively. given this information and a minimum acceptable composite score of 75, we can say that the manager should:

Select all that apply. what do opponents of minimum wage believe are the results of minimum wage? increases personal income results in job shortages causes unemployment raises prices of goods

How many months does the federal budget usually take to prepare