43. Refer to the table. reto Joubng Total Product Total Fixed Cost Total Variable Cost $150 $0 150 50 150 75 150 to ainu 4 105 150 145 150 200 150 7 270 150 8. 360 150 475 9. 150 620 10 150 800 Which of the following correctly represents the firm's short-run supply schedule? (a) (b) (c) (d) Price QS Price QS Price QS Price QS $20 1 $20 $20 $20 3 30 30 30 30 4 45 45 4 45 45 60 60 60 60 6. 75 75 6. 75 75 7 95 7 95 95 8 95 8 120 7 120 9. 120 120 8. 150 10 150 9 150 150 8. red by a. (а) b. (b) C. (c) d. (d) mies ob competitive industry, the e long run 34567
43. Refer to the table. reto Joubng Total Product Total Fixed Cost Total Variable Cost $150 $0 150 50 150 75 150 to ainu 4 105 150 145 150 200 150 7 270 150 8. 360 150 475 9. 150 620 10 150 800 Which of the following correctly represents the firm's short-run supply schedule? (a) (b) (c) (d) Price QS Price QS Price QS Price QS $20 1 $20 $20 $20 3 30 30 30 30 4 45 45 4 45 45 60 60 60 60 6. 75 75 6. 75 75 7 95 7 95 95 8 95 8 120 7 120 9. 120 120 8. 150 10 150 9 150 150 8. red by a. (а) b. (b) C. (c) d. (d) mies ob competitive industry, the e long run 34567
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question

Transcribed Image Text:43. Refer to the table.
Total Product
Total Fixed Cost
Total Variable Cost
1
$150
$0
150
50
150
75
150
105
150
145
150
6.
200
150
270
7
150
8.
360
150
9.
475
150
620
10
150
800
Which of the following correctly represents the firm's short-run supply schedule?
(a)
(b)
(c)
(d)
Price
QS
Price
QS
Price
QS
Price
QS
$20
$20
2 Cost 30
1
$20
$20
3
30
30
30
4
45
45
45
5
Av.
60
4
60
60
60
75
75
75
75
95
6
95
8.
95
6.
95
8
120
7
120
9.
120
7
120
150
8
150
10
8.
150
9.
150
a. (а)
b. (b)
C. (c)
d. (d)
of scale:
e long run this
1 nprely competitive industry, ther
ang
iencing eco
4567 0
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