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Author Question: If the selling price of a firm's product is 500 and the estimated average cost of producing this ... (Read 341 times)

eruditmonkey@yahoo.com

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on: Jun 29, 2018
If the selling price of a firm's product is 500 and the estimated average cost of producing this product is 400, what is the firm's markup?
 
  A) 15 percent B) 20 percent C) 25 percent D) 40 percent

Question 2

Explain the effect of price elasticities of supply and demand on tax incidence.
 
  What will be an ideal response?
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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spencer.martell

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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eruditmonkey@yahoo.com

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Reply 2 on: Jun 29, 2018
:D TYSM

Animal_Goddess

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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