he variable cost to make a certain product is $71 per unit. Research indicates that the lowest price no one will pay for this product is $156. Calculate optimal price for this product. (Rounding: penny.)

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A: X                      Y = 159.24x+65065.22 280 159.24*280+65065.22 =…

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Q: The graph shows the cost curves are they profit maximizing firm in a competitive market. If the…

A: In a competitive market, there are a large number of sellers and buyers who have full information…

Q: Find the average fixed cost when the total fixed cost is 156 and the number of quantity is 12 units?

A:

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Q: If explicit cost is $300, implicit cost Is $220 and total revenue is $700  Find Economic profit

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Q: Diminishing Returns Jesaki Inc estimates that it will sell N(x) units of product after spending $x…

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