The table describes sergei's costs for his perfectly competitive all-natural ice cream firm.
o...
Business, 29.11.2019 06:31 gonzalesalexiaouv1bg
The table describes sergei's costs for his perfectly competitive all-natural ice cream firm.
output total cost($)
0 10
1 60
2 80
3 110
4 170
5 245
1. if the market price of a tub of ice cream is $67.50, how many tubs of ice cream will sergei's firm produce?
a) 1 b) 2 c) 3
2. if the market price of a tub of ice cream is $67,50, how much is sergei's total revenue at the profit-maximizing output?
a) s270 b) $170 c) $135 d) $67.50
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