Author Question: In the above figure, the firm is incurring an economic loss at A) point a. B) point c. C) ... (Read 88 times)

MirandaLo · **on:** Jun 29, 2018

In the above figure, the firm is incurring an economic loss at

A) point a.
B) point c.
C) points b and d.
D) points a, b, and d.

Question 2

Jeannie's marginal utility from her 4th book in a month is 50. Her marginal utility from her 5th book

A) is greater than 50.
B) equals 50.
C) is less than 50.
D) might be more than, less than, or equal to 50 but more information is needed.