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Assuming his fixed costs are not recoverable, what is the minimum price that will keep Frank in business in the short run? a ) 2

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Assuming his fixed costs are not recoverable, what is the minimum price that will keep Frank in business in the short run?
a)2.00
b) $2.50
c) $5.20
d) $6.00
e) $6.40
What is the minimum price that will keep Frank in business in the long run?
a)2.00
b) $2.50
c) $5.20
d) $6.00
e) $6.40
If the market price for a frozen yogurt is $6.50, how many frozen yogurts will Frank sell to maximize his profits?
a)0
b)30
c)50
d)60
e)70
\table[[Q,TC,VC,AVC,ATC,MC],[0,$100,,,,],[10,120,,,,],[20,140,,,,],[30,170,,,,],[40,210,,,,],[50,260,,,,],[60,320,,,,],[70,390,,,,]]
If the market price for a frozen yogurt is $6.50, what is the maximum profit Frank can earn?
a) $0
b) $5
c) $15
d) $65
e) $70
63.What is the marginal cost of producing the 30th frozen yogurt?
a) $2
b) $3
c) $4
d) $20
c) $30
64.What is the average variable cost of producing 40 frozen yogurts?
a) $2
b) $2.33
c) $2.75
d) $5.25
c) $110
65.What is the average total cost of producing 20 frozen yogurts?
a) $2
b) $5
c) $12
d) $7
c) $140
What is the variable cost of producing 60 frozen yogurts?
a) $3.67
b) $5.33
c) $15
d) $320
c) $220
What is the fixed cost of producing 70 frozen yogurts?
a) $1.43
b) $220
c) $100
d) $320
c) $120
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