Refer to the data provided in Table 9.3 below to answer the ...

[ericka1]

Question 1

Refer to the data provided in Table 9.3 below to answer the following question(s).








Refer to Table 9.3. The shutdown point price for this firm is

◦ $0.
◦ $20.
◦ $30.
◦ $56.

Question 2

Refer to the data provided in Table 9.3 below to answer the following question(s).








Refer to Table 9.3. The lowest output this firm would produce before shutting down is ________ units.

◦ 1
◦ 2
◦ 3
◦ 4

[akudia]

Answer 1

$30.

Answer 2

3