Author Question: Using the table, Johnny's marginal cost of the 600th slice of pizza is A) 3.50. B) 12.50. C) ... (Read 114 times)

segrsyd · **on:** Jun 29, 2018

Using the table, Johnny's marginal cost of the 600th slice of pizza is

A) 3.50.
B) 12.50.
C) zero.
D) 1.50.

Question 2

A tariff is imposed on a good. The tariff will ________ the domestic quantity supplied, ________ the domestic quantity demanded, and ________ price in the home country.

A) increase; decrease; increase
B) increase; remain unchanged; remain unchanged
C) increase; increase; increase
D) increase; decrease; decrease