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Unformatted text preview: level of output? If so, what is her profit? Draw graphs using the total as well as marginal approaches to confirm your answer. c) If the fixed costs increased by $5, how would this affect Heidi's output decision? Explain carefully. If the fixed costs increased by $10, how would this affect Heidi's output decision? Explain....
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This note was uploaded on 10/26/2009 for the course ECON 180-004-20 taught by Professor Bresnock during the Fall '09 term at UCLA.
- Fall '09