Recent Posts • Latest Topics • Unanswered Questions

Your food-services company has been named as the monopoly provider of meals at a small university. ...

Infinitez

wrote...

Go to Answer

Posts: 143

Rep:

A year ago

Your food-services company has been named as the monopoly provider of meals at a small university. ...

Your food-services company has been named as the monopoly provider of meals at a small university. The cost and demand schedules are:

Sold per Day	Price per Meal $	Total Cost $	Total Revenue $
0	6.00	500	0
100	5.50	550	550
200	5.00	600	1000
300	4.50	675	1350
400	4.00	800	1600
500	3.50	950	1750
600	3.00	1200	1800
700	2.50	1600	1750

TABLE 10-2

Refer to Table 10-2. What is the marginal cost of an additional meal when output is between 100 and 200 meals per day?

▸ $1.25

▸ $0.50

▸ $1.00

▸ $1.50

▸ $0

Textbook

Microeconomics

Edition: 17^th

Author: Ragan

Read 35 times

1 Reply

Report

Replies

Answer verified by a subject expert

ftricey04

wrote...

Posts: 140

Rep:

A year ago

More solutions for this book are available here

Report

Related Topics

Infinitez Author

wrote...

A year ago

Correct

hmonier

wrote...

Yesterday

Thank you, thank you, thank you!

logbi

wrote...

2 hours ago

Just got PERFECT on my quiz

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1033 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

236

284

4034

Your Opinion

Previous poll results: Do you trust social media networks with protecting your privacy?

Bonobos, Chimpanzees, and the 98% DNA Link

The Toxic Skin and Fungi Defense

It's sore throat season, why does my mucus have red spots?

Courses by Biology Forums

Strange Ingredients Lurking in Doritos Chips

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.