Author Question: Refer to the information provided in Table 8.6 below to answer the question(s) that follow. Refer to ... (Read 87 times)

Mr. Wonderful · **on:** Apr 19, 2019

Question 1

Refer to the information provided in Table 8.5 below to answer the question(s) that follow.

Refer to Table 8.5. Assume that Phoebe is producing swords in a perfectly competitive market and the market price for swords is $30. To maximize profits Phoebe should produce ________ swords.

◦ two
◦ three
◦ four
◦ five

Question 2

Refer to the information provided in Table 8.6 below to answer the question(s) that follow.

Refer to Table 8.6. What is the total cost of producing zero units of output?

◦ $0
◦ $15
◦ $30
◦ indeterminate from the given information

ryrychapman11 · **Reply #1 on:** Apr 19, 2019

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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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