This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Sue's Sea Shells by the Sea Shore is a perfectly competitive firm selling sea shells at the market ... (Read 199 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
Sue's Sea Shells by the Sea Shore is a perfectly competitive firm selling sea shells at the market price of 2 per dozen. Sue's Sea Shells by the Sea Shore has fixed costs of 40 per day and a variable cost schedule in the table above.
 
  The profit-maximizing level of output for Sue's Sea Shells by the Sea Shore is A) 202 dozen sea shells by the sea shore per day.
  B) 204 dozen sea shells by the sea shore per day.
  C) 205 dozen sea shells by the sea shore per day.
  D) 206 dozen sea shells by the sea shore per day.

Question 2

If green bikes and brown bikes are perfect substitutes, the corresponding indifference curves
 
  A) are horizontal.
  B) intersect each other.
  C) are vertical.
  D) have constant slope.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

essyface1

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


j.rubin

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
:D TYSM

bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Shells of Gas Around SN 1987A Shells of Gas Around SN 1987A
John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d
This lithograph by Currier and Ives gives an erroneous impression of the “battle.” Major Robert Ande This lithograph by Currier and Ives gives an erroneous impression of the “battle.” Major Robert Ande
During World War I, advancing armies unloosed ferocious artillery barrages to destroy deeply entrenc During World War I, advancing armies unloosed ferocious artillery barrages to destroy deeply entrenc
Project Management: Achieving Competitive Advantage, 5th Edition Project Management: Achieving Competitive Advantage, 5th Edition
Waves Approaching the Shore Waves Approaching the Shore
Video: Protein digestion - stomach & small intestine

For a complete list of videos, visit our video library