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Author Question: The elasticity of the momentary supply curve for any good always equals A) zero. B) one. C) ... (Read 41 times)

bcretired

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The elasticity of the momentary supply curve for any good always equals
 
  A) zero.
  B) one.
  C) positive infinity.
  D) None of the above answers is correct.

Question 2

The table above gives the cost of producing T-shirts. The total fixed cost is ________ and the marginal cost of increasing production from 5 to 6 T shirts is ________.
 
  A) 20; 6
  B) 20; 10
  C) 10.40; 8
  D) unable to be determined; 8



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manuelcastillo

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Answer to Question 1

D

Answer to Question 2

B




bcretired

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


kishoreddi

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Reply 3 on: Yesterday
Excellent

 

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