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Author Question: In the figure above, assuming that the firm does not shut down, the firm will produce A) fewer ... (Read 53 times)

torybrooks

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on: Jun 29, 2018
In the figure above, assuming that the firm does not shut down, the firm will produce
 
  A) fewer than 19 units.
  B) 20 units.
  C) 30 units.
  D) 40 units.

Question 2

Sue's Surfboards is the sole renter of surfboards on Big Wave Island. Sues demand and marginal revenue curves are illustrated in the figure above. Sue's Surfboards currently rents 15 surfboards an hour. Sue's total revenue from the 15 surfboards is
 
  A) 300.
  B) 225.
  C) 150.
  D) 10.


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Anonymous

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

B

Answer to Question 2

C


torybrooks

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

marict

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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