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Aplia for Gwartney/Stroup/Sobel/Macpherson's Microeconomics: Private and Public Choice, 16th Edition, [Instant Access], 1 term (6 months)
16th Edition
ISBN: 9781305648210
Author: James D. Gwartney; Richard L. Stroup; Russell S. Sobel; David A. Macpherson
Publisher: Cengage Archive
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Question
Chapter 11, Problem 14CQ
(a)
To determine
Filling of table with total revenue, marginal revenue, fixed cost and total cost.
(b)
To determine
Maximizing profit by charging price of $55
(c)
To determine
Price charging and output produced for maximizing the profit by estimating the
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Chapter 11 Solutions
Aplia for Gwartney/Stroup/Sobel/Macpherson's Microeconomics: Private and Public Choice, 16th Edition, [Instant Access], 1 term (6 months)
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