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Author Question: Consider the following total cost schedule for a perfectly competitive firm producing ball-point ... (Read 48 times)

sh03641

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on: Oct 12, 2022

Question 1

Consider the following total cost schedule for a perfectly competitive firm producing ball-point pens.

Output 
per period		TVC ($)TFC ($)
 005
1025
2035
3065
40105
50155
TABLE 9-2

Refer to Table 9-2. As this firm increases output from 40 units to 50 units per period, its marginal cost rises to
◦ $0.40.
◦ $0.17.
◦ $0.375.
◦ $0.10.
◦ $0.50.

Question 2

Consider the following total cost schedule for a perfectly competitive firm producing ball-point pens.

Output 
per period		TVC ($)TFC ($)
 005
1025
2035
3065
40105
50155
TABLE 9-2

Refer to Table 9-2. What is the marginal cost of producing the 35th unit of output?
◦ $0.17
◦ $0.375
◦ $0.50
◦ $0.10
◦ $0.40
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by sh03641 on Oct 12, 2022

zubair1583

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Reply #1 on: Oct 12, 2022
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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sh03641

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

alvinum

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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