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Author Question: Refer to Table 13-3. What is its average variable cost of production at its optimal output level? ... (Read 100 times)

michelleunicorn

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Refer to Table 13-3. What is its average variable cost of production at its optimal output level?
 
  A) 0 (because its optimal output = 0 ) B) 15
  C) 14.75 D) 29

Question 2

For a perfectly competitive firm, average revenue is equal to
 
  A) average fixed cost. B) marginal cost. C) the market price. D) total revenue.


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Jayson

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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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michelleunicorn

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


alexanderhamilton

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

 

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