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

Author Question: Refer to Table 12-4. If the market price is 45, the firm A) will earn profit of 1,040. B) will ... (Read 130 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
Refer to Table 12-4. If the market price is 45, the firm
 
  A) will earn profit of 1,040. B) will suffer a loss of 200.
  C) earn a profit of 3,600. D) will break even.

Question 2

Refer to Figure 15-2. If the firm's average total cost curve is ATC3, the firm will
 
  A) suffer a loss. B) break even. C) make a profit. D) face competition.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jossy

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

A

Answer to Question 2

A




CQXA

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
:D TYSM


ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

For a complete list of videos, visit our video library