Econ 528 homework 6 - Study guides, Class notes & Summaries
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University of Louisiana, Lafayette - ECON 528 Module 6 Homework Assignment
- Exam (elaborations) • 13 pages • 2022
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University of Louisiana, Lafayette - ECON 528 Module 6 Homework Assignment 
Started on Monday, 1 October 2018, 1:55 PM State Finished Completed on Monday, 1 October 2018, 10:27 PM Time taken 8 hours 32 mins Marks 15.70/20.00 G rade 7.85 out of 10.00 (79%) Question 1 Correct Mark 1.00 out of 1.00 Which of the following is a characteristic shared by a perfectly competitive firm and a monopoly? Select one: a. Each must lower its price to sell more output. b. Each maximizes profits by producing a qu...
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ECON 528 HOMEWORK 2
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ECON 528 HOMEWORK 2 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ECON 528 HOMEWORK 2 
 
 
 
 
 
Quantity of 
 
Fixed Cost	Variable Cost	Total Cost	Average Total Cost 
 
Lanterns	(dollars)	(dollars)	(dollars)	(dollars) 
 
75	200	170	370	4.93 
80	200	230	430	5.36 
90	200			7.67 
100	200	810		 
115	200			11.8 
117	200	1264	1464	12.5 
120	200	1480		 
 
 
 
 
 
 
 
 
 
 
 
Quantity of Lanterns 
 
Fixed Cost (dollars) 
 
Variable Cost 
(dollars) 
 
Total Cost 
(dollars) 
 
Average Tot...
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University of Louisiana, Lafayette - ECON 528 Module 4 Homework Assignment
- Exam (elaborations) • 14 pages • 2022
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University of Louisiana, Lafayette - ECON 528 Module 4 Homework Assignment 
Started on Monday, 17 September 2018, 10:14 PM State Finished Completed on Monday, 17 September 2018, 10:21 PM Time taken 6 mins 53 secs Marks 15.00/20 .00 Grade 7.50 out of 10.00 (75%) Question 1 Correct Mark 1.00 out of 1.00 Economies of scale exist as a firm increases its size in the long run because of all of the following except Select one: a. as a firm expands its production, its profit margin per-unit of output in...
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ECON 528 HOMEWORK 2
- Exam (elaborations) • 20 pages • 2022
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ECON 528 HOMEWORK 2 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ECON 528 HOMEWORK 2 
 
 
 
 
 
Quantity of 
 
Fixed Cost	Variable Cost	Total Cost	Average Total Cost 
 
Lanterns	(dollars)	(dollars)	(dollars)	(dollars) 
 
75	200	170	370	4.93 
80	200	230	430	5.36 
90	200			7.67 
100	200	810		 
115	200			11.8 
117	200	1264	1464	12.5 
120	200	1480		 
 
 
 
 
 
 
 
 
 
 
 
Quantity of Lanterns 
 
Fixed Cost (dollars) 
 
Variable Cost 
(dollars) 
 
Total Cost 
(dollars) 
 
Average Tot...
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ECON 528 HOMEWORK 6 - Questions and Answers
- Exam (elaborations) • 5 pages • 2021
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ECON 528 HOMEWORK 6 - Questions and Answers|ECON 528 HOMEWORK 6 - Questions and Answers|ECON 528 HOMEWORK 6 - Questions and Answers
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ECON 528 HOMEWORK 6 - Questions and Answers
- Exam (elaborations) • 5 pages • 2021
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ECON 528 HOMEWORK 6 - Questions and Answers|ECON 528 HOMEWORK 6 - Questions and Answers|ECON 528 HOMEWORK 6 - Questions and Answers
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University of Louisiana, Lafayette - ECON 528 Module 1 Homework Assignment
- Exam (elaborations) • 15 pages • 2022
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University of Louisiana, Lafayette - ECON 528 Module 1 Homework Assignment.Started on Monday, 8 October 2018, 10:05 PM State Finished Completed on Monday, 8 October 2018, 10:51 PM Time taken 45 mins 58 secs Marks 15.00/20.00 Grade 7.50 out of 10.00 (75%) The law of diminishing marginal returns states that increases in the variable input reduce the total product. Select one: True False The correct answer is 'False'. We should use relatively more labor if we learn that the marginal product per d...
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University of Louisiana, Lafayette - ECON 528 Module 7 Homework Assignment
- Exam (elaborations) • 18 pages • 2022
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University of Louisiana, Lafayette - ECON 528 Module 7 Homework Assignment 
Started on Monday, 8 October 2018, 3:49 PM State Finished Completed on Monday, 8 October 2018, 4:01 PM Time taken 12 mins 21 secs Marks 20.00/20.00 Gr ade 10.00 out of 10.00 (100%) ECON528-850-ECON528-010- Question 1 Correct Mark 1.00 out of 1.00 Figure 17.3 (Figure 17.3) Which of the following statements is (are) TRUE? I. The socially optimal quantity is 3. II. The deadweight loss associated with the perfectly competiti...
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ECON 528 HOMEWORK 2 ( latest update )
- Exam (elaborations) • 20 pages • 2021
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ECON 528 HOMEWORK 2 ( latest update ) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Quantity of La 
 
Fixed Cost 
 
Variable Cost 
 
Total Cost 
 
Average Total Cost 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Quantity of Lanterns 
 
Fixed Cost (dollars) 
 
Variable Cost 
(dollars) 
 
Total Cost 
(dollars) 
 
Average Total Cost (dollars) 
 
75	200	170	370	4.93 
 
80	200	230	430	5.36 
90	200			7.67 
100	200	810		 
115	200			11.8 
117	200	1264	1464...
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