Figure 2 Revenue, Costs 40 38, 30 26 60 100 130 MC ATC AVC Q MR=50

EBK HEALTH ECONOMICS AND POLICY
7th Edition
ISBN:9781337668279
Author:Henderson
Publisher:Henderson
Chapter4: Economic Evaluation In Health Care
Section: Chapter Questions
Problem 7QAP
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Question
Figure 2
Revenue, Costs
40
38,
30
26
60
100
130
MC
ATC
AVC
Q
MR=50
Transcribed Image Text:Figure 2 Revenue, Costs 40 38, 30 26 60 100 130 MC ATC AVC Q MR=50
Refer to Figure 2. In equilibrium, total firm revenue is
equal to
a.
b.
C.
d.
$3000
$3800
$5200
$6500
Transcribed Image Text:Refer to Figure 2. In equilibrium, total firm revenue is equal to a. b. C. d. $3000 $3800 $5200 $6500
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