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Author Question: A competitive equilibrium is not Pareto efficient if some members of society are unable to afford a ... (Read 102 times)

bobypop

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on: Jul 1, 2018
A competitive equilibrium is not Pareto efficient if some members of society are unable to afford a necessary good.
 
  Indicate whether the statement is true or false

Question 2

In the short run, a firm's output level is 5 units. Its average cost is 40 and its fixed cost is 50. What is this firm's variable cost of producing 5 units?
 
  A) VC = 50
  B) VC = 100
  C) VC = 150
  D) VC = 175
Microeconomics ¦ Perloff ¦ 8th Edition
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triiciiaa

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bobypop

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

raenoj

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Reply 3 on: Yesterday
Excellent

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