[Answered] What is the average cost of producing three units? a. 200 b. 100 c. 50 d. ...

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Author Question: What is the average cost of producing three units? a. 200 b. 100 c. 50 d. ... (Read 48 times)

OSWALD

Hero Member
Posts: 580

on: Jul 1, 2018

What is the average cost of producing three units?
a. 200
b. 100
c. 50
d. 70

Question 2

When a firm practices perfect price discrimination,
a. Consumer surplus is maximized
b. Producer surplus is minimized
c. Producer surplus is maximized
d. None of the above

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Marked as best answer by a Subject Expert

amanda_14

Sr. Member
Posts: 342

Reply #1 on: Jul 1, 2018

Answer to Question 1

b

Answer to Question 2

c

OSWALD

Member
Posts: 580

Reply 2 on: Jul 1, 2018

YES! Correct, THANKS for helping me on my review

lindahyatt42

Member
Posts: 322

Reply 3 on: Yesterday

Thanks for the timely response, appreciate it

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