Multiple Choice
The following are marginal cost curves for selling chicken in a Mom & Pop (MCM) store and in a Big-Box retailer (MCB) .
MCM = 2 + 2QM
MCB = 4 + QB
If there are 6 total chickens being sold, how many chickens does each firm sell?
A) Mom & Pop: 0; Big-Box: 6
B) Mom & Pop: 1; Big-Box: 5
C) Mom & Pop: 2; Big-Box: 4
D) Mom & Pop: 3; Big-Box: 3
Correct Answer:
Verified
Correct Answer:
Verified
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