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Author Question: What is the average cost of producing three units? a. 200 b. 100 c. 50 d. ... (Read 32 times)

OSWALD

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on: Jul 1, 2018
What is the average cost of producing three units?
 a. 200
  b. 100
  c. 50
 d. 70

Question 2

When a firm practices perfect price discrimination,
 a. Consumer surplus is maximized
  b. Producer surplus is minimized
 c. Producer surplus is maximized
  d. None of the above


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amanda_14

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

c


OSWALD

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

cpetit11

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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