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Author Question: Refer to Figure 12-5. What is the minimum price the firm requires to produce output? A) 20 B) 14 ... (Read 123 times)

ghost!

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on: Jun 29, 2018
Refer to Figure 12-5. What is the minimum price the firm requires to produce output?
 
  A) 20 B) 14
  C) 5 D) It cannot be determined

Question 2

Refer to Figure 13-11. What is the productively efficient output for the firm represented in the diagram?
 
  A) Q1 units B) Q2 units C) Q3 units D) Q4 units


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pallen55

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

C

Answer to Question 2

D


ghost!

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Reply #2 on: Jun 29, 2018
Correct answers!


pallen55

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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