ECS 2601 ASSIGNMENT 2
Johns Hopkins University
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ECS 2601 ASSIGNMENT 2
- Exam (elaborations) • 9 pages • 2021
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1. That the firm is perfectly competitive is evident from its …
1. constant marginal revenue.
2. increasing marginal cost.
3. increasing total cost.
4. zero economic profit.
2. The maximum profit available to the firm is …
1. R20
2. R30
3. R35
4. R155
This study source was downloaded by from CourseH on 08-19-2021 12:06:45 GMT -05:00
This study resource was
shared via CourseH
3. The average cost for the firm in the table above ...
1. cannot be determined from the information g...
Exam (elaborations)
ECS 2601 ASSIGNMENT 2
Last document update:
ago
1. That the firm is perfectly competitive is evident from its … 1. constant marginal revenue. 2. increasing marginal cost. 3. increasing total cost. 4. zero economic profit. 2. The maximum profit available to the firm is … 1. R20 2. R30 3. R35 4. R155 This study source was downloaded by from CourseH on 08-19-2021 12:06:45 GMT -05:00 This study resource was shared via CourseH 3. The average cost for the firm in the table above ... 1. cannot be determined from the information g...
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