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Author Question: Shama is producing candles in a perfectly competitive market. When she produces 500 candles, her ... (Read 217 times)

olgavictoria

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on: May 24, 2019
Shama is producing candles in a perfectly competitive market. When she produces 500 candles, her total cost is $250. If she produces one additional candle, her total cost increases to $260. In order to maximize her profit, she should produce the additional candle
◦ if the market price for a candle is $12.
◦ only if the market price exceeds $260 for a candle.
◦ only if the market price exceeds $250 for a candle.
◦ if the market price for a candle exceeds $0.50.
◦ if her price exceeds her average total cost.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by olgavictoria on May 24, 2019

harveenkau8139

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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olgavictoria

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Reply #2 on: May 24, 2019
Thanks


harveenkau8139

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Reply #3 on: May 24, 2019
Welcome :)


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