For two joint products A and B which are produced in fixed-09421
For two joint products A and B, which are produced in fixed proportions, which of the following is TRUE? (Here MR stands for marginal revenue and MC stands for marginal cost)
This multiple choice question (MCQ) is related to the book/course
vu eco404 Managerial Economics.
It can also be found in
vu eco404 Final Term - Quiz No.5.
For two joint products A and B, which are produced in fixed proportions, which of the following is TRUE? (Here MR stands for marginal revenue and MC stands for marginal cost)
If Q = QA= QB, then MRQ= MRA - MRB = MCQ
If Q = QA= QB, then MRQ= MRA + MRB = MCQ
If Q = QA= QB, then MRQ= MRA / MRB = MCQ
If Q = QA= QB, then MRQ= MRA x MRB = MCQ
