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Author Question: Arnold Kim began blogging about Apple products during his fourth year of medical school. Kim's ... (Read 49 times)

Mimi

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on: Jun 29, 2018
Arnold Kim began blogging about Apple products during his fourth year of medical school. Kim's Website, MacRumors.
 
  com, became so successful that he decided to give up his medical career and work full time on his Website, despite the nearly 200,000 he had invested in his education. In making his decision, the 200,000 he spent on his education
  A) should be considered since it is money he could have used to invest in his Website.
  B) should be ignored only if Kim can earn more than 200,000 by running his Website.
  C) should be considered since it is money he has spent and needs to recoup.
  D) should be ignored since it represents a sunk cost.

Question 2

If a monopolistically competitive firm has excess capacity
 
  A) it is experiencing diseconomies of scale.
  B) it produces a level of output that places it on the negatively sloped portion of its average total cost curve.
  C) it is producing beyond the minimum efficient scale.
  D) it has exhausted all economies of scale.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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xiaomengxian

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Reply #1 on: Jun 29, 2018
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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Mimi

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

vickybb89

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Reply 3 on: Yesterday
Wow, this really help

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