Author Question: The table above shows some of the costs for a perfectly competitive firm. If the price is 160 per ... (Read 95 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
The table above shows some of the costs for a perfectly competitive firm. If the price is 160 per unit, how many units of output will the firm produce?
 
  A) 8
  B) 9
  C) 10
  D) more than 10

Question 2

Based on the data in the table above, which worker at Decent Donuts has the highest marginal product?
 
  A) the fourth
  B) the fifth
  C) the sixth
  D) the seventh



juwms

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

For a complete list of videos, visit our video library