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    Economics Study Set 1
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    Exam 9: Competitive Markets
  5. Question
    9.3 Short-Run Decisions Assume the Following Total Cost Schedule for a Perfectly Competitive
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9.3 Short-Run Decisions Assume the Following Total Cost Schedule for a Perfectly Competitive

Question 127

Question 127

Multiple Choice

9.3 Short-Run Decisions
Assume the following total cost schedule for a perfectly competitive firm.
9.3 Short-Run Decisions Assume the following total cost schedule for a perfectly competitive firm.    TABLE 9-2 -Refer to Table 9-2.What is the marginal cost of producing the 2nd unit of output? A) $10 B) $15 C) $5 D) $30 E) $35 TABLE 9-2
-Refer to Table 9-2.What is the marginal cost of producing the 2nd unit of output?


A) $10
B) $15
C) $5
D) $30
E) $35

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