Darlene runs a pizza parlor in a medium-sized community where there are many such parlors. Assuming she sells 185 slices per day, and her daily fixed costs are $ 101 and daily variable costs are $ 230. In the short run, an economist would likely advise Darlene to shut down if price she can charge for a slice is $ Select one: a. None of the answers offered are correct. b. above 1.24 , but below 1.79 c. below 1.79 d. below 1.24 e. below 0.55
Darlene runs a pizza parlor in a medium-sized community where there are many such parlors. Assuming she sells 185 slices per day, and her daily fixed costs are $ 101 and daily variable costs are $ 230. In the short run, an economist would likely advise Darlene to shut down if price she can charge for a slice is $ Select one: a. None of the answers offered are correct. b. above 1.24 , but below 1.79 c. below 1.79 d. below 1.24 e. below 0.55
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter10: Monopolistic Competition And Oligopoly
Section: Chapter Questions
Problem 19P: Andreas Day Spa began to offer a relaxing aromatherapy treatment. The film asks you how much to...
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