Darlene runs a pizza parlor in a medium-sized community where there are many such parlors. Assuming she sells 185 slices per day, and her daily fixed costs are $ 101 and daily variable costs are $ 230. In the short run, an economist would likely advise Darlene to shut down if price she can charge for a slice is $ Select one: a. None of the answers offered are correct. b. above 1.24 , but below 1.79 c. below 1.79 d. below 1.24 e. below 0.55
Darlene runs a pizza parlor in a medium-sized community where there are many such parlors. Assuming she sells 185 slices per day, and her daily fixed costs are $ 101 and daily variable costs are $ 230. In the short run, an economist would likely advise Darlene to shut down if price she can charge for a slice is $ Select one: a. None of the answers offered are correct. b. above 1.24 , but below 1.79 c. below 1.79 d. below 1.24 e. below 0.55
Principles of Economics 2e
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ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter10: Monopolistic Competition And Oligopoly
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![Darlene runs a pizza parlor in a medium-sized
community where there are many such
parlors. Assuming she sells 185 slices per day,
and her daily fixed costs are $ 101 and daily
variable costs are $ 230. In the short run, an
economist would likely advise Darlene to shut
down if price she can charge for a slice is $
Select one:
a. None of the answers offered are correct.
b. above 1.24 , but below 1.79
c. below 1.79
d. below 1.24
e. below 0.55](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff8c88463-874c-4a2c-991c-fe0695479877%2F22849288-c018-4afe-9856-5360f2307f28%2Ff4mkn1s_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Darlene runs a pizza parlor in a medium-sized
community where there are many such
parlors. Assuming she sells 185 slices per day,
and her daily fixed costs are $ 101 and daily
variable costs are $ 230. In the short run, an
economist would likely advise Darlene to shut
down if price she can charge for a slice is $
Select one:
a. None of the answers offered are correct.
b. above 1.24 , but below 1.79
c. below 1.79
d. below 1.24
e. below 0.55
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