Refer to the graph. For a certain output range (or quantity of pizzas produced per day), marginal cost is greater than average cost. What is this output range? $26- $24- Q $22- OA. Exactly 640 pizzas per day $20- G OB. The output range greater than about 525 pizzas per day OC. The entire output range, from 0 to about 640 pizzas per day OD. From 0 to about 525 pizzas per day When marginal cost is less than average total cost, average total cost must be OA. negative. OB. constant. OC. increasing. OD. decreasing. Cost (dollars per pizza) $18- $16- $14- $12- $10- Curve 2 $8- $6- Curve 1 $4 $2 $0+ 0 100 200 300 400 500 600 700 Quantity (pizzas per day)

Refer to the graph. For a certain output range (or quantity of pizzas produced per day), marginal cost is greater than average cost. What is this output range? $26- $24- Q $22- OA. Exactly 640 pizzas per day $20- G OB. The output range greater than about 525 pizzas per day OC. The entire output range, from 0 to about 640 pizzas per day OD. From 0 to about 525 pizzas per day When marginal cost is less than average total cost, average total cost must be OA. negative. OB. constant. OC. increasing. OD. decreasing. Cost (dollars per pizza) $18- $16- $14- $12- $10- Curve 2 $8- $6- Curve 1 $4 $2 $0+ 0 100 200 300 400 500 600 700 Quantity (pizzas per day)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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You and a coworker are assigned a team project on which your likelihood or a promotion will be decidedon. It is now the night before the project is due and neither has yet to start it. You both want toreceive a promotion next year, but you both also want to go to your company’s holiday party that night.Each of you wants to maximize his or her own happiness (likelihood of a promotion and mingling withyour colleagues “on the company’s dime”). If you both work, you deliver an outstanding presentation.If you both go to the party, your presentation is mediocre. If one parties and the other works, yourpresentation is above average. Partying increases happiness by 25 units. Working on the project addszero units to happiness. Happiness is also affected by your chance of a promotion, which is depends on howgood your project is. An outstanding presentation gives 40 units of happiness to each of you; an aboveaverage presentation gives 30 units of happiness; a mediocre presentation gives 10 units…
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bottom is the question, top is a part to the solution one of he chegg tutors wrote down. In WHAT WORLD does 100/1000=0.01 IT DOESN'T. 100/1000 = 0.1 to the power of -2 is 100 NOT 1000 so CAN SOMEONE PLEASE PLEASE correctly solve this. This is my third time posting it like jesssusssss
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