If the first copy cost of a music video is $223,000 and the marginal cost is $0, then how many copies should the firm sell in order to break even if the price was $10 each?
A. zero
B. 2,230
C. 22,300
D. 223,000
Answer: C
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Indicate whether the statement is true or false
A firm is operating with an optimal combination of inputs. Suddenly the price of one input rises. The firm should
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If doubling the quantity of inputs more than doubles the quantity of outputs, the firm is experiencing
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