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Take Quiz E Question 3 5 pts What economic prot or loss will the rm realize per unit of output? Upload Choose a File E
Take Quiz E Question 3 5 pts What economic prot or loss will the rm realize per unit of output? Upload Choose a File E Question 4 15 pts Answer the three same questions above if the price of the product is $41 Upload Choose a File E Question 5 Assume that the cost data in the table are for a Perfectly Competitive Firm Output AFC AVC ATC MC 60 45 105 45 2 30 42.5 72.5 40 3 20 40 60 35 4 15 37.5 52.5 30 5 12 37 49 35 10 37.5 47.5 40 VO 8.57 38.57 47.14 45 8 7.5 40.63 48.13 55 9 6.67 43.33 50 65 10 6 46.5 52.5 75 D Question 1 5 pts At a Product price of $56, will the firm produce in the short-run? Upload Choose a File10:25 .1 5G C Take Quiz Exit Question 5 15 pts Answer the same question if the price of the product is $32 Upload Choose a File D Question 6 25 pts Quantity Price Supplied $ 26.00 $ 32.00 $ 38.00 $ 41.00 $ 46.00 $ 56.00 $ 66.00 Complete the above table based on the information above.Take Quiz E Question 1 5 pts At a Product price of $56, will the rm produce in the shortrun? Upload Choose a File E Question 2 10 pts If it is preferable to produce, What will be the protmaximizing or loss minimizing output? Upload Choose a File E Question 3
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