SophiaPretty

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    Strayer,Devery,Harvard University
    Mar-1995 - Mar-2002

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  • Manager Planning
    WalMart
    Mar-2001 - Feb-2009

Category > Business & Finance Posted 05 Sep 2017 My Price 10.00

Perfect CompetitionBased on the following table:

Chapter 13 - Perfect CompetitionBased on the following table:

Output Price
($)		 Total Costs
($)
  0 10 4
  1 10 7
  2 10 8
  3 10 10
  4 10 13
  5 10 17
  6 10 22
  7 10 28
  8 10 36
  9 10 46
10 10

59

 

 

 

Chapter 13 - Perfect Competitiona. The profit-maximizing output is___units.

 

Please pick the best answer from the choices below

 

Chapter 13 - Perfect Competitionb. In the long run, the market price will (remain unchanged, decline, rise) because(firms will exit the market, firms will enter the market, there are no firms or exiting the market)

Answers

SophiaPretty
(5)
Status NEW Posted 05 Sep 2017 08:09 AM My Price 10.00

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