MKTG Mini test 7-1

MKTG Mini test 7-1 - MKTG043101-F10R: Mini test 7

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1 Marks: 1 Choose one answer. a. Oligopoly b. Monopolistic competition c. Pure monopoly d. Pure Parcheesi e. Pure competition 2 Marks: 1 Choose one answer. a. Unit sales increase b. Average revenue increases c. Total revenue increases d. Fixed costs stay the same e. All of these things happen when marginal revenue is positive and prices decrease. 3 Marks: 1 Choose one answer. a. Fixed costs b. Total costs c. Variable Costs d. Opportunity costs e. Marginal costs 4 Marks: 1 Choose one Mini test 7 Review of attempt 1 Finish review Started on Tuesday, October 19, 2010, 11:22 PM Completed on Tuesday, October 19, 2010, 11:32 PM Time taken 9 mins 58 secs Grade 3 out of a maximum of 10 ( 30 %) The market structure in which companies have the MOST flexibility in setting prices is? Marks for this submission: 0/1. When marginal revenue is NEGATIVE and prices decrease? Marks for this submission: 1/1. ____________ are the costs of production that are tied to and vary with the number of units produced? Marks for this submission: 1/1.
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This note was uploaded on 02/23/2012 for the course MKTG 431 taught by Professor Brucerobertson during the Fall '07 term at S.F. State.

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MKTG Mini test 7-1 - MKTG043101-F10R: Mini test 7

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