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Author Question: If a firm spends 600 more on advertising, its A) ATC and MC curves shift upward. B) MC curve ... (Read 59 times)

Jkov05

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on: Jun 29, 2018
If a firm spends 600 more on advertising, its
 
  A) ATC and MC curves shift upward.
  B) MC curve shifts upward and its ATC curve does not shift.
  C) ATC curve shifts upward and its MC curve does not shift.
  D) ATC curve shifts upward and its MC curve shifts downward.

Question 2

Your weekly budget for gasoline and movie rentals is 45.00. Referring to the figure above, what is the price per movie rental?
 
  A) 2.00
  B) 2.25
  C) 2.50
  D) 3.00


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josephsuarez

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


Jkov05

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

amandanbreshears

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Reply 3 on: Yesterday
Excellent

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