Econ 528 homework 7 - Study guides, Class notes & Summaries
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ECON 528 HOMEWORK 7 - Questions and Answers
- Exam (elaborations) • 7 pages • 2021
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ECON 528 HOMEWORK 7 - Questions and Answers|ECON 528 HOMEWORK 7 - Questions and Answers|ECON 528 HOMEWORK 7 - Questions and Answers
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ECON 528 HOMEWORK 2
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ECON 528 HOMEWORK 2 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ECON 528 HOMEWORK 2 
 
 
 
 
 
Quantity of 
 
Fixed Cost	Variable Cost	Total Cost	Average Total Cost 
 
Lanterns	(dollars)	(dollars)	(dollars)	(dollars) 
 
75	200	170	370	4.93 
80	200	230	430	5.36 
90	200			7.67 
100	200	810		 
115	200			11.8 
117	200	1264	1464	12.5 
120	200	1480		 
 
 
 
 
 
 
 
 
 
 
 
Quantity of Lanterns 
 
Fixed Cost (dollars) 
 
Variable Cost 
(dollars) 
 
Total Cost 
(dollars) 
 
Average Tot...
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University of Louisiana, Lafayette - ECON 528 Module 2 Homework Assignment
- Exam (elaborations) • 19 pages • 2022
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University of Louisiana, Lafayette - ECON 528 Module 2 Homework Assignment 
Started on Monday, 3 September 2018, 3:31 PM State Finished Completed on Monday, 3 September 2018, 8:27 PM Time taken 4 hours 56 mins Marks 19.20/20.00 Grade 9.60 out of 10.00 (96%) Question 1 Correct Mark 1.00 out of 1.00 Golda Rush quit her job as a manager for Home Depot to start her own hair dressing salon, Goldilocks. She gave up a salary of $40,000 per year, invested her savings of $30,000 (which was earning 5 perc...
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University of Louisiana, Lafayette - ECON 528 Module 4 Homework Assignment
- Exam (elaborations) • 14 pages • 2022
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University of Louisiana, Lafayette - ECON 528 Module 4 Homework Assignment 
Started on Monday, 17 September 2018, 10:14 PM State Finished Completed on Monday, 17 September 2018, 10:21 PM Time taken 6 mins 53 secs Marks 15.00/20 .00 Grade 7.50 out of 10.00 (75%) Question 1 Correct Mark 1.00 out of 1.00 Economies of scale exist as a firm increases its size in the long run because of all of the following except Select one: a. as a firm expands its production, its profit margin per-unit of output in...
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ECON 528 HOMEWORK 2
- Exam (elaborations) • 20 pages • 2022
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ECON 528 HOMEWORK 2 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
ECON 528 HOMEWORK 2 
 
 
 
 
 
Quantity of 
 
Fixed Cost	Variable Cost	Total Cost	Average Total Cost 
 
Lanterns	(dollars)	(dollars)	(dollars)	(dollars) 
 
75	200	170	370	4.93 
80	200	230	430	5.36 
90	200			7.67 
100	200	810		 
115	200			11.8 
117	200	1264	1464	12.5 
120	200	1480		 
 
 
 
 
 
 
 
 
 
 
 
Quantity of Lanterns 
 
Fixed Cost (dollars) 
 
Variable Cost 
(dollars) 
 
Total Cost 
(dollars) 
 
Average Tot...
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ECON 528 HOMEWORK 2
- Exam (elaborations) • 20 pages • 2022
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1 
Question 1 
Correct 
Marked out of 
1.00 Flag 
Question 2 
Correct 
Marked out of 
1.00 Flag 
Question 3 
Correct 
Marked out of 
1.00 Flag 
b. False 
a. 
True 
Question text 
Accounting costs exclude implicit costs. 
Select one: 
Question text 
Adam spent $10,000 on new equipment for his small business, "Adam's Fitness Studio." 
Membership at his fitness center is very low and at this rate, Adam needs an 
additional 
$12,000 per year to keep his studio open. Which of the following is true...
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ECON 528 HOMEWORK 7 - Questions and Answers
- Exam (elaborations) • 7 pages • 2021
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ECON 528 HOMEWORK 7 - Questions and Answers|ECON 528 HOMEWORK 7 - Questions and Answers|ECON 528 HOMEWORK 7 - Questions and Answers
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University of Louisiana, Lafayette - ECON 528 Module 7 Homework Assignment
- Exam (elaborations) • 18 pages • 2022
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University of Louisiana, Lafayette - ECON 528 Module 7 Homework Assignment 
Started on Monday, 8 October 2018, 3:49 PM State Finished Completed on Monday, 8 October 2018, 4:01 PM Time taken 12 mins 21 secs Marks 20.00/20.00 Gr ade 10.00 out of 10.00 (100%) ECON528-850-ECON528-010- Question 1 Correct Mark 1.00 out of 1.00 Figure 17.3 (Figure 17.3) Which of the following statements is (are) TRUE? I. The socially optimal quantity is 3. II. The deadweight loss associated with the perfectly competiti...
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University of Louisiana, Lafayette - ECON 528 Module 1 Homework Assignment
- Exam (elaborations) • 15 pages • 2022
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University of Louisiana, Lafayette - ECON 528 Module 1 Homework Assignment.Started on Monday, 8 October 2018, 10:05 PM State Finished Completed on Monday, 8 October 2018, 10:51 PM Time taken 45 mins 58 secs Marks 15.00/20.00 Grade 7.50 out of 10.00 (75%) The law of diminishing marginal returns states that increases in the variable input reduce the total product. Select one: True False The correct answer is 'False'. We should use relatively more labor if we learn that the marginal product per d...
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ECON 528 HOMEWORK 2 ( latest update )
- Exam (elaborations) • 20 pages • 2021
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ECON 528 HOMEWORK 2 ( latest update ) 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Quantity of La 
 
Fixed Cost 
 
Variable Cost 
 
Total Cost 
 
Average Total Cost 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Quantity of Lanterns 
 
Fixed Cost (dollars) 
 
Variable Cost 
(dollars) 
 
Total Cost 
(dollars) 
 
Average Total Cost (dollars) 
 
75	200	170	370	4.93 
 
80	200	230	430	5.36 
90	200			7.67 
100	200	810		 
115	200			11.8 
117	200	1264	1464...
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