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 18 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
Gracias!

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Recombinants are meiotic output different from meiotic input Recombinants are meiotic output different from meiotic input
Electronegativity Chart (Periodic Table) Electronegativity Chart (Periodic Table)
Adjustable massage table with face cradle. Adjustable massage table with face cradle.
Layers of sheets and towels on the table for a body wrap. Layers of sheets and towels on the table for a body wrap.
Role of Factors of Production in Determining Output per Worker, 2009 Role of Factors of Production in Determining Output per Worker, 2009
periodic table periodic table
Video: Types of disease resistance: innate defenses & immunity

For a complete list of videos, visit our video library