When choosing the production level for tomorrow you find that at an output of 100 units, the total variable costs are 20,000 and the average fixed cost is only 50 . If the market price is 200, you should:
a. b or e.
b. shut down.
c. produce more than 100 units.
d. produce fewer than 100 units.
e. produce where MC = MR.
Question 2
Price elasticities of supply are always:
a. the same as price elasticities of demand.
b. negative numbers.
c. positive numbers.
d. greater than one.
e. increased when a tax is imposed.
Common ancestry predicts where we should find vestigial limbs
Cardiac Output
The fuel level must be above 15% and below 85% before the EVAP monitor will run on most vehicles.
Rising sea level: Some areas will be affected by a rise of just 40 cm
Intraaortic balloon pump. The balloon deflates during systole, so cardiac output is unimpeded.
Differentiation-find the derivative by the delta method