A firm with market power has a demand curve that slopes downward; this implies that Select one: a. marginal revenue is greater than marginal cost. b. the selling price of the current unit must be set equal to the selling price of the previous unit sold. c. it must continually lower price on successive units in order to continue selling. d. price is less than marginal revenue.

If temper company, a manufacturer of mattresses, was considering moving its production facilities to china but decided against it because the additional costs of shipping the mattresses back to the u.s. would offset the cost savings associated with moving the production facilities, the increased costs associated with shipping would be an example ofanswers: learning-curve economies.diseconomies of scale.economies of scale.competitive advantages.

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

All of the industries and businesses in the country of marksenia are privately owned and sell products at different prices that are not controlled by the government or any other organizational body. consumers in marksenia are free to buy as much of the products as they like from the businesses they want. the country of marksenia has a