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Author Question: In the figure above, ________ is a technologically efficient point. A) d B) f C) g D) None of ... (Read 32 times)

BrownTown3

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on: Jun 29, 2018
In the figure above, ________ is a technologically efficient point.
 
  A) d
  B) f
  C) g
  D) None of the selections is correct.

Question 2

Given the total cost and total revenue curves in the above figure, what are the output levels at which the perfect competitor will earn a positive economic profit?
 
  A) from 0 to 30,000 bushels
  B) from 0 to 60,000 bushels
  C) between 30,000 and 80,000 bushels
  D) over 80,000 bushels


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morrie123456

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


BrownTown3

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

bigcheese9

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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