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Author Question: Refer to Table 12-1. If the market price of each camera case is 8 and the firm maximizes profit, ... (Read 46 times)

audie

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on: Jun 29, 2018
Refer to Table 12-1. If the market price of each camera case is 8 and the firm maximizes profit, what is the amount of the firm's profit or loss?
 
  A) 0 (it breaks even) B) loss of 1,000 C) profit of 440 D) loss of 440

Question 2

Suppose Renee can increase her total utility from consuming video rentals and books by buying one more book and renting one fewer video. Which of the following is true?
 
  A) The marginal utility of video rentals is negative.
  B) The marginal utility of the last book consumed exceeds the marginal utility of the last video rental consumed.
  C) The marginal utility of the last video rental consumed exceeds the marginal utility of the last book consumed.
  D) The marginal utility per dollar spent on books exceeds that of video rentals.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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LVPMS

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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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audie

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

billybob123

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Reply 3 on: Yesterday
Excellent

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