标题: are any difference between marginal benefit and margnial revenue? [打印本页] 作者: kseniaru 时间: 2011-7-11 17:41 标题: are any difference between marginal benefit and margnial revenue?
I am very confused with the two concepts.
It seems to me that demand curve is marginal benefit and marginal revenue can be below the demand curve. I may be wrong.
anyone has a better view to understand these two concepts?作者: kamara5 时间: 2011-7-11 17:41
Thanks!
What about price? Is it true that price=MB>=MR?作者: orang3eph 时间: 2011-7-11 17:41
remember to try and focus on the main topics and what they mean. maybe under some condition all those things are true, and in others they are not. you will see maybe 1 or 2 questions relating to this topic on exam day (and maybe 0). it will not make or break you, but understanding how everything fits together and what it means will put you over the top. although i do not know every application or variation of the cost and revenue curves, i understand what they mean and how to use them. it is a difficult section for me but i have been scoring >80% for econ on practice exams regardless of this weakness. move on, come back to it later it will make more sense then.作者: Bulla564 时间: 2011-7-11 17:41
Same problem here...
Such a confusing topic and difficult to comprehend, i guess rote larning will help here.
Lets see!!作者: manasib 时间: 2011-7-11 17:41
Starbuk, thank you very much for all the answers!
I also use Schweser notes. you are right about the focusing. I just finished a mock and feel that the questions are not that complicated but covering a lot of details.
