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Author Question: At its profit-maximizing output, the firm in the above figure incurs a total cost of production of ... (Read 106 times)

Brittanyd9008

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on: Jun 29, 2018
At its profit-maximizing output, the firm in the above figure incurs a total cost of production of
 
  A) 7,000.
  B) 9,000.
  C) 6,300.
  D) 3,900.

Question 2

The adverse effects of rent controls include
 
  A) keeping rental rates too high in a normal market.
  B) excessive construction of new rental housing.
  C) reduced incentive to construct new rental housing.
  D) increased incentives for people to purchase their own homes.


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smrerig

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

A

Answer to Question 2

C


Brittanyd9008

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

bitingbit

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

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