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please help with the screenshot questions There are multiple questions based on this data (so take a minute to gure things out) Cost data for

please help with the screenshot questions

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There are multiple questions based on this data (so take a minute to gure things out) Cost data for Stacy's Spring Rolls What is the marginal costs of the second unit? 0 90 o 110 o 75 o 80 o 60 o 30 Jose is thinking quitting his currentjob, which pays $50,000 a year, and taking over a small store that he owns and currently rents out for extra income of $60,000 a year. He wants to open an ice cream store. His expenses at the store would be $80,000 per ice cream and labor. He also would pay $10,000 per year in insurance. He would make $140,000 in revenues. What are his accounting prots if he opens the ice cream store? 0 $130,000 0 $140,000 0 $50,000 0 $80,000 0 $30,000 0 -$40,000 0 $140,000 0 -$60,000 In perfect competition, if a prot-maximizing rm is losing money 0 They should raise the price they sell at 0 They should lower the price they sell it 0 They should shutdown immediately if their revenues exceed their xed costs 0 They should exit in the long-run The long-run industry equilibrium in the model of perfect competition results with all firms earning $0 economic profit O all firms earning a negative accounting profit O all firms earning a modest positive economic profit O a monopoly - as all firms exit except for oneThe cost curves below are for a rm competing in a perfectly competitive industry. If the market price is $5, in the short-run a prot-maximizing rm would: Price and cost 16 15 M 13 ATC 0 Produce and earn a positive economic prot 0 Produce and earn a normal prot 0 Not produce (as it leads to a negative prot) 0 Produce and earn a negative economic prot

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