[Answered] What is the average cost of producing three units? a. 200 b. 100 c. 50 d. ...

This topic contains a solution. Click here to go to the answer

Author Question: What is the average cost of producing three units? a. 200 b. 100 c. 50 d. ... (Read 49 times)

OSWALD

Hero Member
Posts: 580

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

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

amanda_14

Sr. Member
Posts: 342

Reply #1 on: Jul 1, 2018

Answer to Question 1

b

Answer to Question 2

c

OSWALD

Member
Posts: 580

Reply 2 on: Jul 1, 2018

YES! Correct, THANKS for helping me on my review

alexanderhamilton

Member
Posts: 334

Reply 3 on: Yesterday

Gracias!

« previous next »

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.