In the above figure, what is the marginal cost of the 4th pizza?
A) $0
B) $4
C) $9
D) $36
E) 4 pizzas
C
Economics
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Suppose the government wants to discourage the use of cigarettes. If it imposes a tax on cigarettes, the equilibrium quantity falls the most when the elasticity of demand equals
A) 2.00. B) 1.00. C) 0.50. D) 0.
Economics
Briefly discuss the determinants of supply other than price
What will be an ideal response?
Economics