Multiple Choice
Use the following setup for the next question.
A firm is deciding between two different sewing machines.Technology A has fixed costs of $500 and marginal costs of $50 whereas Technology B has fixed costs of $250 and marginal costs of $100.
-At what quantity is the firm indifferent between the two technologies?
A) 10
B) 2
C) 5
D) 8
Correct Answer:
Verified
Correct Answer:
Verified
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