Mary Magnolia from your workbook has variable costs equal to y2/F, where y is the number of bouquets she sells per month and where F is the number of square feet of space in her shop.If Mary has signed a lease for a shop with 200 square feet, if she is not able to get out of the lease or to expand her store in the short run, and if the price of a bouquet is $6 per unit, how many bouquets per month should she sell in the short run?
A) 200
B) 100
C) 600
D) 900
E) 660
Correct Answer:
Verified
Q29: The production function of a competitive firm
Q30: Touchie McFeelie's production function for comic books
Q31: A firm has the short-run total cost
Q32: Rex Carr could pay $10 for a
Q33: Rex Carr could pay $10 for a
Q35: A firm has the production function Q
Q36: Touchie McFeelie's production function for comic books
Q37: A firm has the production function Q
Q38: Touchie McFeelie from your workbook has a
Q39: Mary Magnolia from your workbook has variable
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents