[Answered] Refer to Figure 7.1. At what level of output does average total cost equal marginal cost? A) Q2 ...

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Author Question: Refer to Figure 7.1. At what level of output does average total cost equal marginal cost? A) Q2 ... (Read 243 times)

clippers!

Hero Member
Posts: 828

on: Jul 1, 2018

Refer to Figure 7.1. At what level of output does average total cost equal marginal cost?

A) Q2
B) Q3
C) Q4
D) Q5
E) none of the above

Question 2

Discrimination based upon the quantity consumed is referred to as ________ price discrimination.

A) first-degree
B) second-degree
C) third-degree
D) group

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elyse44

Sr. Member
Posts: 319

Reply #1 on: Jul 1, 2018

Answer to Question 1

C

Answer to Question 2

B

clippers!

Hero Member
Posts: 828

Reply #2 on: Jul 1, 2018

Thank you

elyse44

Sr. Member
Posts: 319

Reply #3 on: Jul 1, 2018

No problemo

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Author Question: Refer to Figure 7.1. At what level of output does average total cost equal marginal cost? A) Q2 ... (Read 243 times)

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