Question: Please help answer Question 3 (2 points) (03.02 MC) $100 a Use the graph to answer the question. $200 $250 Price C $1,500 MC2 e
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Question 3 (2 points) (03.02 MC) $100 a Use the graph to answer the question. $200 $250 Price C $1,500 MC2 e $2,500 MC1 Question 5 (2 points) (03.03 MC) Use the graph to answer the question. a Long Run Average Total Costs D Cost + Quantity m (units) The shift from MC1 to MC2 illustrates variable costs and total costs increasing; decreasing increasing; increasing in decreasing, decreasing Output emaining constant; increasing Profit-maximizing firms seek to produce in which range of the graph above? remaining constant; decreasing Between A and B Question 4 (2 points) Between B and C (03.02 MC) Between C and D A firm has fixed costs of $100 at 10 units. If its variable costs at 15 units are $100, what must its total cost be to produce 15 units? The steepest-sloped portion between A and B O
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