Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. economics
  3. 1a) is a marginal value curve the same as a margin

1a) Is a marginal value curve the same as a marginal cost curve? 1b) How does arbitrage-...

70.2K

Verified Solution

Question

Economics

1a)Is a marginal value curve the same as a marginal cost curve?
1b) How does arbitrage- buying low in one market and sellinghigh in another increase market effciency?

Please answer with simple words and no mathematical jargonthat cannot be understood.

Answer & Explanation Solved by verified expert
4.3 Ratings (719 Votes)
1 a Marginal cost curve represents the additional cost incurred by the firm in one additonal output It can be determined as the incremental cost In the other hand A marginal Value curve    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

Jupiter's moon Io has active volcanoes (in fact, it is the most volcanically active body in...

Physics
1.2K views

A square ABCD of sides 1m rest on side AB A force of 100 N...

Geometry
1.2K views

Find the missing lengths O a b a b a b 15 2 15 2...

Basic Math
1.2K views

Price at which the item is sold 47 60 Part 1 of 4 a Write...

Accounting
1.2K views

In year 1, Aldo sold ivnestment land with a $100,000 tax basis for $95,000. Payment...

Accounting
1.2K views

Consider the following data table: The above data table has: a. a composite primary key...

Accounting
1.2K views

True or False: A capital budgeting project is accepted if the required rate of return...

Accounting
1.2K views

On June 28, 20X3, Poison Company issued 35,000 shares of its $1 common stock for...

Accounting
1.2K views

Shadee Corp. expects to sell 550 sun visors in May and 380 in June. Each...

Accounting
1.2K views

1. Activity Base Costing (ABC) 25 points Yanguba has two produce lines for it well...

Accounting
1.2K views

Both parts please 1. Prepare journal entries to record...

Finance
1.2K views

A precision lathe costs $12,000 and will cost $30,000 a year to operate and maintain....