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Question Complet QUESTION 16 COSTS REVENUES Quantity Total Marginal Quantity|Price Total Marginal Produce Cost Cost Demande Revenue Revenue $100 0 $120 $150 $120 $120 $202

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Question Complet QUESTION 16 COSTS REVENUES Quantity Total Marginal Quantity|Price Total Marginal Produce Cost Cost Demande Revenue Revenue $100 0 $120 $150 $120 $120 $202 $120 $120 $257 $120 $120 $317 $120 $120 5 $385 $120 $120 $465 $120 $120 $562 $120 $120 $682 8 $120 $120 Diana should produce [A] masks if she wants to maximize profits. QUESTION 17 What is the marginal product of the sixth worker for Cappuccinos? Use the table below to answer. Table: Labor and Output for Cappuccinos Quantity Number of Labor of Cappucci nos 0 12 2 22 30 AW 36 40 43 44 QUESTION 18 COSTS REVENUES Quantity Total Marginal Quantity Price Total Marginal Produce Cost Cost Demande Revenue Revenue $100 $120 $150 $120 $120 $202 $120 $120 $257 $120 $120 $317 $120 $120 $385 $120 $120 6 $465 $120 $120 $562 $120 $120 8 $682 $120 $120 Diana will earn $ maximum in profits in the short run and $ Hint: Remember that the supply curve shifts in response to individual firm profits in perfect competition. in the long run in the perfectly competitive market

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