menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Managerial Economics and Business Strategy Study Set 1
  4. Exam
    Exam 8: Managing in Competitive, Monopolistic, and Monopolistically Competitive Markets
  5. Question
    Which of the Following Conditions Must Hold to Ensure That
Solved

Which of the Following Conditions Must Hold to Ensure That

Question 34

Question 34

Multiple Choice

Which of the following conditions must hold to ensure that profits are,in fact,at a maximum?


A) d(MC(Q) ) /dQ > 0
B) d(MC(Q) ) /dQ < 0
C) d2(Q) /dQ2 < 0
D) d(MC(Q) ) /dQ > 0 and d2(Q) /dQ2 < 0

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q29: SeaSide Industries currently spends 5 percent of

Q30: In a monopoly where the marginal revenue

Q31: You are the manager of a firm

Q32: You are the manager of a monopoly

Q33: You are the manager of a monopoly

Q35: "Monopolistic competition is literally a kind of

Q36: Compute the marginal revenue when the price

Q37: You are the manager of a firm

Q38: Let the demand function for a product

Q39: The number of efficient plants compatible with

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines