ECON 1508
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ECON 1580 Introduction to Economics Final Exam 3
- Exam (elaborations) • 5 pages • 2022
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Home ► My courses ► ECON 1580 - AY2019-T4 ► Final Exam (Days 1 - 4) ► Final Exam
Question 31
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Question 32
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In this exhibit (Prot Maximization for a Firm in Monopolistic Competition),
suppose that an innovation reduces a rm's xed costs and reduces cost
from ATC to ATC' before the innovation reduced the cost, the rm's
maximum economic prot was:
Select one:
a. $0.
b. $30.
c. $750.
d. $4,500...
Exam (elaborations)
ECON 1580 Introduction to Economics Final Exam 3
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id=&page=3#q39 1/5 Home ► My courses ► ECON 1580 - AY2019-T4 ► Final Exam (Days 1 - 4) ► Final Exam Question 31 Answer saved Marked out of 1.00 Question 32 Answer saved Marked out of 1.00 In this exhibit (Prot Maximization for a Firm in Monopolistic Competition), suppose that an innovation reduces a rm's xed costs and reduces cost from ATC to ATC' before the innovation reduced the cost, the rm's maximum economic prot was: Select one: a. $0. b. $30. c. $750. d. $4,500...
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