This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: At its profit-maximizing output, the firm in the above figure incurs a total cost of production of ... (Read 71 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

smrerig

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Brittanyd9008

  • Member
  • Posts: 500
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« 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?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

The meninges. This figure illustrates the location and structure of each layer of the meninges and t The meninges. This figure illustrates the location and structure of each layer of the meninges and t
A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ... A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ...
The illusory bands visible in this figure are often called Mach bands, although Mach used a ... The illusory bands visible in this figure are often called Mach bands, although Mach used a ...
Joint movement of the fingers. Apply scissoring at the knuckles and figure-8s to the fingers to ... Joint movement of the fingers. Apply scissoring at the knuckles and figure-8s to the fingers to ...
Hubbard’s Predication of Peak in U.S Oil Production with Actual Data Hubbard’s Predication of Peak in U.S Oil Production with Actual Data
Production of ATP in Skeletal Muscle Production of ATP in Skeletal Muscle
Video: Structures that affect circulation - arterioles and vasomotor responses

For a complete list of videos, visit our video library