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Author Question: Refer to Table 13-5. At the profit-maximizing or loss-minimizing output level A) the firm makes a ... (Read 90 times)

amal

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on: Jun 29, 2018
Refer to Table 13-5. At the profit-maximizing or loss-minimizing output level
 
  A) the firm makes a profit of 16. B) the firm incurs a loss equal to its fixed cost.
  C) the firm incurs a loss of 14. D) the firm makes a profit of 12.

Question 2

A perfectly competitive apple farm produces 1,000 bushels of apples at a total cost of 36,000. The price of each bushel is 50. Calculate the firm's short-run profit or loss.
 
  A) profit of 50,000
  B) loss of 14,000
  C) profit of 14,000
  D) There is insufficient information to answer the question.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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quynhmickitran

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Reply #1 on: Jun 29, 2018
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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amal

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

TheNamesImani

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

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