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Author Question: The marginal product curve is a mirror image of a. The average cost curve b. The average fixed ... (Read 66 times)

kamilo84

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on: Jul 1, 2018
The marginal product curve is a mirror image of
 a. The average cost curve
  b. The average fixed cost curve
  c. The total cost curve
  d. The marginal cost curve

Question 2

If demand were inelastic, then we should immediately:
 a. cut the price.
  b. keep the price where it is.
  c. go to the Nobel Prize Committee to show we were the first to find an upward sloping demand curve.
  d. stop selling it since it is inelastic.
  e. raise the price.


Andromeda18

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  • Posts: 336
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

e


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