Refer to the data provided in Table 9.1 below to answer the question(s) that follow. 
 Table 9.1
Refer to Table 9.1. If the market price is $10, then for this firm to maximize profits it should produce ________ unit(s) of output.

A. zero
B. one
C. two
D. three


Answer: A

Economics

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A manager wishes to estimate an average cost equation of the following form: C = a + bQ + cQ2whereQ is the level of output. Letting Z = Q2 and using least-squares estimation, the manager obtains the following computer output:  Given the above information, which of the parameter estimates are statistically significant at the 1% significance level?

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Economics