1
answer
0
watching
125
views
30 Jun 2018
Questions 23 - 27 are based upon the following table, production costs for a perfectly competitive firm. Output Fixed Variable Cost Cost Total Cost Average Fixed Cost Average Variable Average Total Cost Marginal Cost Cost 80 80 70 110 160 220 295 400 540 700 150 190 240 300 375 480 620 780 25. If the price was $105 per unit, the short run profits are a. -80. b. 0. c. 50. d. 150. e. 630.
Questions 23 - 27 are based upon the following table, production costs for a perfectly competitive firm. Output Fixed Variable Cost Cost Total Cost Average Fixed Cost Average Variable Average Total Cost Marginal Cost Cost 80 80 70 110 160 220 295 400 540 700 150 190 240 300 375 480 620 780 25. If the price was $105 per unit, the short run profits are a. -80. b. 0. c. 50. d. 150. e. 630.
Keith LeannonLv2
3 Jul 2018