The slope of the production possibilities frontier is A) positive. B) negative. C) zero. D) ...

Author Question: The slope of the production possibilities frontier is A) positive. B) negative. C) zero. D) ... (Read 87 times)

dejastew

Hero Member
Posts: 562

on: Jul 1, 2018

The slope of the production possibilities frontier is

A) positive.
B) negative.
C) zero.
D) undefined.

Question 2

Refer to Scenario 12.2. Suppose that the marginal cost falls such that: MC = Q - 10 What is the profit maximizing price?

A) 205.72
B) 240
C) 210
D) all of the above
E) none of the above

Expo

Sr. Member
Posts: 351

Reply #1 on: Jul 1, 2018

Answer to Question 1

B

Answer to Question 2

C

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