Author Question: The table above shows some of the costs for a perfectly competitive firm. If the price is 160 per ... (Read 97 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
The table above shows some of the costs for a perfectly competitive firm. If the price is 160 per unit, how many units of output will the firm produce?
 
  A) 8
  B) 9
  C) 10
  D) more than 10

Question 2

Based on the data in the table above, which worker at Decent Donuts has the highest marginal product?
 
  A) the fourth
  B) the fifth
  C) the sixth
  D) the seventh



juwms

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

For a complete list of videos, visit our video library