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Author Question: Refer to the information provided in Figure 15.6 below to answer the question(s) that follow. Refer ... (Read 18 times)

big1devin

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on: Apr 19, 2019

Question 1

Refer to the information provided in Figure 15.6 below to answer the question(s) that follow.










Refer to Figure 15.6. If Trollioʹs T-shirts is in long-run equilibrium, it is charging a selling price of ________ and has an average total cost of ________.


◦ $10; $10
◦ $16; $10
◦ $16; $16
◦ $10; $16

Question 2

Refer to the information provided in Figure 15.6 below to answer the question(s) that follow.










Refer to Figure 15.6. If Trollioʹs T-shirts is producing the quantity where 
MR = 
MC and selling each T-shirt at the price where 
D = 
ATC, then in the long run this firm should ________ the selling price and ________ quantity.


◦ increase; decrease
◦ decrease; increase
◦ increase; increase
◦ not change; not change
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by big1devin on Apr 19, 2019

annierak

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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big1devin

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Reply 2 on: Apr 19, 2019
Excellent

epscape

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

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