25 20 K 15 10 5 O TC3 TC2 TC1 51 O 10 12. Which of the following is true about point (c)? O(a) MPPL/PL > MPPK/PK O (b) MPPL/PL = MPPK/PK O (c) MPPL/PL

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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25
K
20
15
10
5
O
TC3
TC2
TC1
5
O (d) none of the above
b
U
10
12. Which of the following is true about point (c)?
O(a) MPPL/PL > MPPK/PK
(b) MPPL/PL = MPPK/PK
(c) MPPL/PL<MPPK/PK
e
15
Q=100
Q=200
Q=300
20
Q=300
Q=200
Q=100
L
Transcribed Image Text:25 K 20 15 10 5 O TC3 TC2 TC1 5 O (d) none of the above b U 10 12. Which of the following is true about point (c)? O(a) MPPL/PL > MPPK/PK (b) MPPL/PL = MPPK/PK (c) MPPL/PL<MPPK/PK e 15 Q=100 Q=200 Q=300 20 Q=300 Q=200 Q=100 L
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