This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a monopolistically competitive firm is producing 50 units of output where marginal cost equals ... (Read 369 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
on: Oct 8, 2019

If a monopolistically competitive firm is producing 50 units of output where marginal cost equals marginal revenue, total cost is $1,674 and total revenue is $2,000, its average profit is


◦

$326.


◦

$40.


◦

$6.52.


◦

impossible to determine without additional information.

InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by biggirl4568 on Oct 8, 2019

elizabethrperez

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Oct 8, 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.
Answer Preview
Only 56% of students answer this correctly


biggirl4568

  • Hero Member
  • *****
  • Posts: 551
Reply #2 on: Oct 8, 2019
Thank you!


elizabethrperez

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Oct 8, 2019
Always glad to help...


« previous next »
 

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Galaxies Forming by Combining Smaller Units Galaxies Forming by Combining Smaller Units
Find the final amount if the initial amount is 400 units. Find the final amount if the initial amount is 400 units.
When the exhaust is lean, the output of a zirconia oxygen sensor is below 450 mV. When the exhaust is lean, the output of a zirconia oxygen sensor is below 450 mV.
Cells are the basic units of life Cells are the basic units of life
Intraaortic balloon pump. The balloon deflates during systole, so cardiac output is unimpeded. Intraaortic balloon pump. The balloon deflates during systole, so cardiac output is unimpeded.
Expressing amounts of energy in different energy units is necessary to solve many chemistry ... Expressing amounts of energy in different energy units is necessary to solve many chemistry ...
Video: Structures that affect circulation - arterioles and vasomotor responses and venous return

For a complete list of videos, visit our video library