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Slav-nsk [51]
2 years ago
8

The chart shows the marginal cost and marginal revenue of producing apple pies. What most likely will happen if the pie maker co

ntinues to make additional pies? The marginal costs will continue to rise, increasing the total cost, while the marginal revenue remains the same, decreasing the profit earned for each pie. The marginal costs will continue to fall, decreasing the total cost, while the marginal revenue remains the same, increasing the profit earned for each pie. The marginal costs will continue to rise, increasing the total cost, while the marginal revenue remains the same, increasing the profit earned for each pie. The marginal costs will continue to fall, decreasing the total cost, while the marginal revenue remains the same, decreasing the profit earned for each pie.
SAT
2 answers:
Maslowich2 years ago
6 0

Answer: A.

Explanation: Right on Edge 2021

puteri [66]2 years ago
3 0

Answer:

What most likely will happen if the pie maker continues to make additional pies?

your answer is A. The marginal costs will continue to rise, increasing the total cost, while the marginal revenue remains the same, decreasing the profit.

Explanation:

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7 0
1 year ago
As the price of gummy bears rises from $2. 60 to $3 , what are the price elasticities of demand of sugar-free gummy bears and of
NISA [10]

The price elasticities of demand of sugar-free gummy bears and of ordinary gummy bears is -0.8 and -2.3 respectively.

<h3>How to calculate price elasticity</h3>

Change in price of gummy bears = $2. 60 to $3

Elasticity of demand of sugar-free gummy bears =

[(273-379 / (273+379)/2] ÷ [(3.00-2.60)/(3.00+2.60) / 2]

= [-18/166] / [0.4/2.8]

= -0.10843373493975 / 0.14285714285714

= - 0.75903614457826

Approximately, -0.8

Elasticity of demand of regular gummy bears:

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= [-106/326] / [0.4/2.8]

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