The firm in the figure above has a total cost equal to ________
A) $5.10 × 10
B) $8.00 × 10
C) ($5.10 - $8.00 ) × 10
D) ($8.00 - $5.10 ) × 10
E) None of the above answers is correct because more information is needed.
A
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Does it follow from the false-paradigm model that World Bank economists are intentionally trying to keep developing countries from realizing genuine development? Why or why not?
What will be an ideal response?
If you included both time and entity fixed effects in the regression model which includes a constant, then
A) one of the explanatory variables needs to be excluded to avoid perfect multicollinearity. B) you can use the "before and after" specification even for T > 2. C) you must exclude one of the entity binary variables and one of the time binary variables for the OLS estimator to exist. D) the OLS estimator no longer exists.