This topic contains a solution. Click here to go to the answer

Author Question: Consider the following production and cost schedule for a firm. The first column shows the number of ... (Read 421 times)

rissygurl1124

  • Full Member
  • ***
  • Posts: 157
Consider the following production and cost schedule for a firm. The first column shows the number of units of a variable factor of production employed by the firm.

Total Number of Units of the FactorTotal Number of Units of OutputPrice per Unit
of Output
Total Cost
of Production
212$10$50
320 $9$55
426 $8$60
530 $7$65
632 $6$70
732 $5$75

TABLE 13-3

Refer to Table 13-3. The total revenue earned by the firm if the 5th unit of the factor of production is hired is
◦ $160.
◦ $210.
◦ $180.
◦ $192.
◦ $202.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rissygurl1124 on Oct 12, 2022

psuniv

  • Full Member
  • ***
  • Posts: 152
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 35% of students answer this correctly




rissygurl1124

  • Member
  • Posts: 157
Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it


dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

For a complete list of videos, visit our video library