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Author Question: In a graph of a firm's short-run total costs and total revenue, the total cost and the total revenue ... (Read 274 times)

JMatthes

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on: Jul 1, 2018
In a graph of a firm's short-run total costs and total revenue, the total cost and the total revenue curves, respectively, will intersect the vertical axis
 
  A) above the origin, above the origin.
  B) above the origin, at the origin.
  C) at the origin, at the origin.
  D) below the origin, below the origin.

Question 2

Assume a firm organizes all individuals by their willingness to pay (least to most). If the firm starts to perfectly price discriminate, what is likely to happen?
 
  A) Consumers start to arbitrage amongst themselves.
  B) The firm's profits will be maximized.
  C) The firm's costs will be minimized.
  D) The firm starts to arbitrage with consumers.
Microeconomics ¦ Perloff ¦ 8th Edition
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sokh

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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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JMatthes

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

juliaf

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Reply 3 on: Yesterday
Excellent

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