AutoSave . Off) Econ 301 - Spring 2019 - Blue Final (1) - Saved to this PC Search (Alt+Q) Vasili, Justin B VJ X File Home Insert Draw Design Layout References Mailings Review View Help Share Comments & Cut Calibri (Body) 11 ~ A" A Aa Ap Find [ Copy AaBbCcDd AaBbCcDd AaBbC AaBbcc Aab AaBbCcD Lol S'c Replace Paste BIUab x x ALABEL BY 1 Normal 1 No Spac.. Heading 1 Heading 2 Title Subtitle Dictate Sensitivity Editor Reuse Format Painter Select Files Clipboard Font Paragraph Styles Editing Voice Sensitivity Editor Reuse Files 27. You are looking to purchase an item which is available in 10 stores,.. You know the item is offered a low price of $495 in three of these stores,.. In the remaining seven stores the item sells at a higher price of $595... The first store you visit is asking for the higher price:.. You will leave without buying the item, and move on to another store searching for the lower price, only if the marginal cost of doing so is less than: a) $30.00 b) $33.33 c) $40.00 d) $66.67 e) $99.99 28. For a given profit maximizing firm in an industry, demand is Q = 800-(1/5)P. The firm's costs of production c(Q) = 350,000 + 502, with dC(Q)/do = 10Q.. If this firm cannot price discriminate it will produce and sell units of output a) 100 b) 200 c) 400 d) 800 e) None of the above are correct. 29 For a given profit maximizing firm in an industry, demand is Q = 800-(1/5)P. The firm's costs of production c(Q) = 350,000 + 50?, with dC(Q)/dQ = 10Q.. At this firm's profit maximizing level of output, the Lerner index equals: a) 3/4 b) 2/3 c) 1/2 d) 1/3 e) None of the above are correct... 30 For a given profit maximizing firm in an industry, demand is Q = 800-(1/5)P. The firm's costs of production c(Q) = 350,000 + 50?, with dC(Q)/do = 10Q.. If the price elasticity of demand for the total industry's product, ET, is equal to - 0.6, we can conclude that the Rothschild index for this firm equals: a) 1.00 b) 0.75 c) 0.33 d) 0.20 e) None of the above are correct. 31. Chimeric Images, a privately held company, decides to go public;. Chimeric is considered an "ongoing concern," expected to remain in business indefinitely. The investment bank the company hires to find buyers for newly issued shares of stock considers the company's (undistributed) current profits of $1.2 million dollars and the interest rate which it assumes will remain constant at & nercent and announces that Chimeric Images has a Page 1 of 8 2234 words CX Focus - + 90% Type here to search O 9 10:18 AM 39.F 12/14/2021