If the total utility from consuming five units of a product is 245, and the marginal utility of a sixth unit is 4, then the total utility from consuming six units would be:

Write the code to create the following result: Assume the missing values for the image and the link

When an increase in the firm’s output reduces its long-run average total cost, it achieves:

The price of pens is $5, and at that price consumers demand 12 pens. If the price rises to $7, consumers will decrease consumption to 4 pens. Using the midpoint formula, what is the price elasticity of demand for pens?

When marginal utility is equal to zero, total utility 

If the accounting profit for a firm is negative:

Suppose that a business incurred implicit costs of $400 and explicit costs of $5,000 in a specific year. If the firm sold 100 units of its output at $50 per unit, its accounting:

If the total utility from consuming five units of a product is 245, and the marginal utility of a sixth unit is 2, then the total utility from consuming six units would be:

The long-run average cost curve will be downward sloping when the firm is experiencing:

Which of the following holds true?