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Author Question: Marginal revenue equals marginal cost at an output of 20 units. At this output, marginal revenue ... (Read 107 times)

tsand2

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on: Apr 19, 2019

Question 1

Marginal revenue equals marginal cost at an output of 10 units. At this output, marginal revenue equals $25, average variable cost equals $30, and average total cost equals $40. In the short run, a profit-maximizing firm will earn a profit of


◦ -$150.
◦ -$100.
◦ $0.
◦ $150.

Question 2

Marginal revenue equals marginal cost at an output of 20 units. At this output, marginal revenue equals $20, average variable cost equals $15, and average total cost equals $25. In the short run, a profit-maximizing firm will earn a profit of


◦ -$200.
◦ -$100.
◦ $200.
◦ $400.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by tsand2 on Apr 19, 2019

fauacakatahaias

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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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tsand2

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Reply #2 on: Apr 19, 2019
TY


fauacakatahaias

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Reply #3 on: Apr 19, 2019
You're welcome


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