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Author Question: Suppose the current price of copper is 3 per pound and the quantity supplied is 200 pounds per day. ... (Read 104 times)

crazycityslicker

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on: Jun 29, 2018
Suppose the current price of copper is 3 per pound and the quantity supplied is 200 pounds per day.
 
  If the price of copper falls to 2.50 per pound, the quantity supplied drops to 180 pounds per day. Use the midpoint formula to calculate the price elasticity of supply for copper.

Question 2

Explain how selling costs influence a firm's cost curves and its average total cost.
 
  What will be an ideal response?
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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bitingbit

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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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crazycityslicker

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Reply #2 on: Jun 29, 2018
Thank you :)


bitingbit

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Reply #3 on: Jun 29, 2018
Happy to help you


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