Refer to Table 14-8. If Brawny Juice selects a high price, what ...

[Wadzanai]

Refer to Table 14-8. If Brawny Juice selects a high price, what is Power Fuel's best strategy and what will Power Fuel earn as a result of this strategy?
 
  A) Power Fuel will select a low price and earn 16 million.
  B) Power Fuel will select a low price and earn 8 million.
  C) Power Fuel will select a high price and earn 12 million.
  D) Power Fuel will select a high price and earn 16 million.

Question 2

Refer to Figure 11-10. Identify the minimum efficient scale of production.
 
  A) Qa B) Qb C) Qc D) Qd

[scrocafella]

Answer to Question 1

A

Answer to Question 2

B

[Wadzanai]

Excellent

[scottmt]

Thanks for the timely response, appreciate it