« previous next »

Author Question: Refer to the figure above. What is the maximum profit that the firm can make? A) 30 B) 60 C) 90 ... (Read 72 times)

Davideckstein7

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
Refer to the figure above. What is the maximum profit that the firm can make?
 
  A) 30
  B) 60
  C) 90
  D) 180

Question 2

A monopolist faces an average total cost of 10 when it produces 400 units of its product. If it sells the 400 units at 6 per unit, ________.
 
  A) the monopolist makes a profit of 600
  B) the monopolist makes a loss of 600
  C) the monopolist makes a profit of 1,600
  D) the monopolist makes a loss of 1,600


johnharpe

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Steps in protein synthesis: The DNA is used as a template to make mRNA (transcription). The mRNA is ... Steps in protein synthesis: The DNA is used as a template to make mRNA (transcription). The mRNA is ...
The hazmat training pyramid. It is important to train from the ground up, starting with a firm grasp ... The hazmat training pyramid. It is important to train from the ground up, starting with a firm grasp ...
The cube of insulating material shown in the figure has one corner at the origin. Each side of ... The cube of insulating material shown in the figure has one corner at the origin. Each side of ...
Identify the junction nodes in the circuit shown in Figure 21-1. Identify the junction nodes in the circuit shown in Figure 21-1.
Curved spines make cocklebur (Xanthium) fruits stick to the fur of animals (and clothing of humans) Curved spines make cocklebur (Xanthium) fruits stick to the fur of animals (and clothing of humans)
Meiosis is used to make sperm and egg cells. A shows a simplified version and B shows a detailed ver Meiosis is used to make sperm and egg cells. A shows a simplified version and B shows a detailed ver
Video: What are Taste Receptors? How Does it Work? Animation

For a complete list of videos, visit our video library