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

Author Question: The above (incomplete) table provides information about the relationships between output and various ... (Read 43 times)

jho37

  • Hero Member
  • *****
  • Posts: 531
on: Jun 29, 2018
The above (incomplete) table provides information about the relationships between output and various cost measures. The marginal cost per unit when increasing output from 14 to 17 units is
 
  A) 20.
  B) 30.
  C) 380.
  D) None of the above answers is correct.

Question 2

The Wii is a wildly popular home video game console released by Nintendo. The Wii system was first available in the U.S. in November, 2006 and has sold more than 30 million units as of August 2010. The Wii retails for 199.
 
  Suppose Ahmed is willing to pay 230, Lana is willing to pay 175, and Bodie is willing to pay 300 for a Wii. What is the value of Lana's consumer surplus? A) No consumer surplus is generated because Lana will not buy the Wii.
  B) 249
  C) 225
  D) 24


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rachel

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


jho37

  • Member
  • Posts: 531
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

The energy input and output of glycolysis. The energy input and output of glycolysis.
Table Salt Table Salt
Messenger RNA (mRNA) carries genetic information from the nucleus to the cytoplasm for protein synth Messenger RNA (mRNA) carries genetic information from the nucleus to the cytoplasm for protein synth
List transformations and Create a table of values for the following log function: List transformations and Create a table of values for the following log function:
The flow of genetic information The flow of genetic information
table table
Video: Phlebotomy

For a complete list of videos, visit our video library