Equilibrium price is $10 in a perfectly competitive market. for a perfectly competitive firm, mr = mc at 233 units of output. at 233 units, atc is $12, and avc is $9. the best policy for this firm is to in the short run. also, total fixed cost equals for this firm.

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

In a transportation minimization problem, the negative improvement index associated with a cell indicates that reallocating units to that cell would lower costs.truefalse