QUESTION 9 Look at the chart for problem #2 based on perfect competition. The total revenue of the 40th unit is equal to $ 800 QUESTION 10 Look at the chart for problerd #2 based on perfect competition. The marginal cost of the 20th unit is equal to $ 169
QUESTION 9 Look at the chart for problem #2 based on perfect competition. The total revenue of the 40th unit is equal to $ 800 QUESTION 10 Look at the chart for problerd #2 based on perfect competition. The marginal cost of the 20th unit is equal to $ 169
Chapter1: Making Economics Decisions
Section: Chapter Questions
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![QUESTION 9
Look at the chart for problem #2 based on perfect competition. The total revenue of the 40th unit is equal to $
800
QUESTION 10
Look at the chart for problerd #2 based on perfect competition. The marginal cost of the 20th unit is equal to $
169
QUESTION 11
Look at the chart for problem #2 based on perfect competition. The profit maximizing price is equal to $
QUESTION 12
Look at the chart for problem #2 based on perfect competition. The profit maximizing quantity is equal to
units.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F00036db5-9718-4ee7-bb7b-0bc01f7bb13c%2F75fea705-6961-4174-8190-a4e8eabd9ee3%2Flidwrgm_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 9
Look at the chart for problem #2 based on perfect competition. The total revenue of the 40th unit is equal to $
800
QUESTION 10
Look at the chart for problerd #2 based on perfect competition. The marginal cost of the 20th unit is equal to $
169
QUESTION 11
Look at the chart for problem #2 based on perfect competition. The profit maximizing price is equal to $
QUESTION 12
Look at the chart for problem #2 based on perfect competition. The profit maximizing quantity is equal to
units.
![Lab Cap
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AFC AVC ATC MC
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8
100
0 100
1
8.40
40
40 100
50 150
2.5 1.25 3.75 1.25
8 100
60
50 100 100 200
1
1
2 0.83
3
8 150
50
50 100 150 250 0.67
1 1.67
1
4
8 180
30
45 100 200 300 0.55 1.11 1.67 1.67
8 200
20
40 100 250 350
0.5 1.25 1.75 2.5
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Transcribed Image Text:Lab Cap
TP
ital
MP AP
TFC TVC TC
AFC AVC ATC MC
or
8
100
0 100
1
8.40
40
40 100
50 150
2.5 1.25 3.75 1.25
8 100
60
50 100 100 200
1
1
2 0.83
3
8 150
50
50 100 150 250 0.67
1 1.67
1
4
8 180
30
45 100 200 300 0.55 1.11 1.67 1.67
8 200
20
40 100 250 350
0.5 1.25 1.75 2.5
2.
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