Tackle the Test: Free-Response Questions

  1. Question

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    Refer to the table below. Assume that the price of the product is $10 and the rental rate for capital is $100 per unit.

    Rubric for FRQ 1 (5 points)

    1 point: MRP = 25 × $10 = $250

    1 point: Yes

    1 point: Because the MRP of $250 is greater than the rental rate of $100

    1 point: 3

    1 point: Because the MRP exceeds the rental rate for the first 3 units

  2. Question

    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