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Author Question: Refer to Figure 8.2. How much profit will the firm earn if price stays at 80? A) 0 B) 306 C) ... (Read 39 times)

stephzh

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on: Jul 1, 2018
Refer to Figure 8.2. How much profit will the firm earn if price stays at 80?
 
  A) 0
  B) 306
  C) 312
  D) 1000
  E) 1024

Question 2

Refer to Figure 8.2. If the firm expects 80 to be the long-run price, how many units of output will it plan to produce in the long run?
 
  A) 22
  B) 34
  C) 38
  D) 50
  E) 64


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bubulittle310@msn.cn

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Reply #1 on: Jul 1, 2018
Answer to Question 1

E

Answer to Question 2

E


stephzh

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

komodo7

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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