Question: QUESTION 13 Table 14-15-a Quantity Total Cost 0 $4 1 $10 2 $16 3 $21 4 $24 5 $35 6 $48 Refer to Table 14-15-a.

QUESTION 13

  1. Table 14-15-a
  2. Quantity
  3. Total Cost
  4. 0
  5. $4
  6. 1
  7. $10
  8. 2
  9. $16
  10. 3
  11. $21
  12. 4
  13. $24
  14. 5
  15. $35
  16. 6
  17. $48
  19. Refer to Table 14-15-a.What is the lowest price at which this firm would operate in the short run?
  20. a.$8.b.$5.c.$7.d.$6.

Table 14-15-a

Quantity

Total Cost

0

$4

1

$10

2

$16

3

$21

4

$24

5

$35

6

  1. $48

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