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Title: A short-run total cost schedule is a total variable cost schedule shifted ________ by the amount of ...
Post by: joanne1718 on Apr 28, 2019

Question 1.

If a firm's total costs are $75 when it produces 10 units of output and $80 when it produces 11 units of output, then the marginal cost of producing the 11th unit is



▸ $1.

▸ $5.

▸ $8.09.

▸ $10.

Question 2.

A short-run total cost schedule is a total variable cost schedule shifted ________ by the amount of total fixed cost cost.



▸ downward

▸ to the right

▸ upward

▸ to the left


Title: A short-run total cost schedule is a total variable cost schedule shifted ________ by the amount of ...
Post by: Antoinette12 on Apr 28, 2019
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