please help Question 26 Not yet answered Points out of 1 P F

please help

Question 26 Not yet answered Points out of 1 P Flag question In perfect competition, a profit maximizing business will expand production until its equals the market Select one: 16 a. marginal product b. marginal revenue 26 O c.marginal cost 31323334 35 36 d. average cost 41 42 43444546 Question 27 Not yet answered Points out of 1 Flag question Finish attermp Time left 1:1804 Which of the following might you believe if you say that \"it\'s their fault\" that the United States runs a trade deficit? Select one: a. Other countries have used nontariff barriers to keep out US exports. b. US manufacturers are incompetent and unable to compete with foreign producers. I The United States is a successful rich economy that can afford a lot of imports. O d. American consumers borrow too much to buy imported goods like cars and electronics Question 28 Not yet answered Points out of 1 P Flag question Inputs used by a business in the production process include Select one: e a. profi. O b. revenue. .labor. e d. cost Question 29 Not yet answered Paints out of t r Flag question A business with market power may Select one o a. sometimes use high profits to research new technologies. b. create new markets due to competitive forces c. force employees to work harder and longer o d. be less innovative than businesses in perfect competition.

Solution

Answer 26

Option c. Marginal cost is correct option .

Answer 27

Option a. Other countries have used nontariff barriers to keep out u.s exports.