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Author Question: The best explanation for the shape of a short run marginal cost schedule is (Read 42 times)

chandani

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on: Apr 19, 2019

Question 1

Refer to the information provided in Figure 9.3 below to answer the question(s) that follow. 









Refer to Figure 9.3. This firm will ________ if price is $13.


◦ earn a positive economic profit
◦ suffer an economic loss
◦ break even
◦ shut down

Question 2

The best explanation for the shape of a short run marginal cost schedule is


◦ increasing returns to scale.
◦ decreasing returns to scale.
◦ there is no fixed factor of production.
◦ a fixed factor causes diminishing returns to other factors.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by chandani on Apr 19, 2019

pikon

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Reply #1 on: Apr 19, 2019
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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chandani

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Reply #2 on: Apr 19, 2019
Thanks


pikon

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Reply #3 on: Apr 19, 2019
Welcome :)


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