The point where marginal cost curve crosses the curve is where the profit maximizing quantity demanded (dropping down to the X-axis) and price (going up to the demand curve or average revenue curve and over to the Y-axis) are determined.

What two elements normally must exist before a person can be held liable for a crime

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

Consider an economy where government expenditures are 10 and total tax revenues are 10. the supply of labor is fixed at 125 and the supply of capital is fixed at 8. the economy is described by the following equations. y k to the power of 1 divided by 3 end exponent l to the power of 2 divided by 3 end exponent c 2.5 + 0.75 ( y - t ) i 10 - 0.5 r the level of private savings is