This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Based on the above figure, up to which level of output will Ike's Ice Cream Kitchen have increasing ... (Read 16 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: Jun 29, 2018
Based on the above figure, up to which level of output will Ike's Ice Cream Kitchen have increasing marginal returns?
 
  A) only at 0 gallons
  B) up to 10 gallons
  C) up to 40 gallons
  D) up to 60 gallons

Question 2

The above figure shows the demand and cost curves for a monopolistically competitive firm in the long run. The firm has excess capacity of
 
  A) 4 units.
  B) 8 units.
  C) 16 units.
  D) 10.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

adammoses97

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 29, 2018
Excellent

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Comparison of the level of skin damage as a result of the three different degrees of burns. Comparison of the level of skin damage as a result of the three different degrees of burns.
Ethnic Differences in Financial Support for College Based on a sample of 304 emerging adults aged 2 Ethnic Differences in Financial Support for College Based on a sample of 304 emerging adults aged 2
Ugonachomma display figure, Igbo, Nigeria. Ugonachomma display figure, Igbo, Nigeria.
Level II HCPCs Codes Cont. Level II HCPCs Codes Cont.
Mobilize hand and wrist joints. Apply scissoring to knuckles and figure-8s to fingers. Holding the ... Mobilize hand and wrist joints. Apply scissoring to knuckles and figure-8s to fingers. Holding the ...
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Video: Cataract

For a complete list of videos, visit our video library