This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The above (incomplete) table provides information about the relationships between output and various ... (Read 56 times)

jho37

  • Hero Member
  • *****
  • Posts: 531
on: Jun 29, 2018
The above (incomplete) table provides information about the relationships between output and various cost measures. The marginal cost per unit when increasing output from 14 to 17 units is
 
  A) 20.
  B) 30.
  C) 380.
  D) None of the above answers is correct.

Question 2

The Wii is a wildly popular home video game console released by Nintendo. The Wii system was first available in the U.S. in November, 2006 and has sold more than 30 million units as of August 2010. The Wii retails for 199.
 
  Suppose Ahmed is willing to pay 230, Lana is willing to pay 175, and Bodie is willing to pay 300 for a Wii. What is the value of Lana's consumer surplus? A) No consumer surplus is generated because Lana will not buy the Wii.
  B) 249
  C) 225
  D) 24


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rachel

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


jho37

  • Member
  • Posts: 531
Reply 2 on: Jun 29, 2018
:D TYSM

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

The Periodic Table The Periodic Table
Drugs and their effect table Drugs and their effect table
Body mass index table. Body mass index table.
Checklist for Choosing a Massage Table Cont. Checklist for Choosing a Massage Table Cont.
Factors that Increase Cardiac Output Factors that Increase Cardiac Output
Incomplete dominance shown in the flower color of snapdragons Incomplete dominance shown in the flower color of snapdragons
Video: Smoking Cessation

For a complete list of videos, visit our video library