A firm maximizes its profit by selling 2,500 units of output with an average revenue of $6.99 . The firm's marginal cost at 2,500 units of output is __________
Fill in the blank(s) with correct word
$6.99
Economics
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The country of Bananaland has an abundant supply of banana trees and therefore must be a modern industrial economy
a. True b. False
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If we use 
to estimate 
?, thenthe residual for predicting yiis:
A. ?
B. ?
C. ?
D. ?
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A binding price ceiling:
A. will cause quantity supplied to exceed quantity demanded. B. will increase total well-being. C. will set a legal minimum price in a market. D. will cause quantity demanded to exceed quantity supplied.
Economics
For the typical consumer, present consumption is
a. preferred to future consumption b. not preferred to future consumption c. preferred to future saving d. not preferred to future saving e. financed out of present saving
Economics