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Author Question: The demand and supply curves shown below apply to a competitive market for a factor used in the ... (Read 41 times)

acwiles

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on: Oct 12, 2022

The demand and supply curves shown below apply to a competitive market for a factor used in the production of widgets.



FIGURE 13-2

Refer to Figure 13-2. This factor market is in equilibrium at point B. In equilibrium, the 20th unit of the factor is being paid transfer earnings of ________ and economic rent of ________.


◦ $6; $2
◦ $320; $80
◦ $120; -$2
◦ $120; $40
◦ $16; $2
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by acwiles on Oct 12, 2022

athenaheim

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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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acwiles

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

ryansturges

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

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