Hilary's profit is maximized when she produces 6 shirts. when she does this, the marginal cost of the last shirt she produces is $25 , which is than the price hilary receives for each shirt she sells. the marginal cost of producing an additional shirt (that is, one more shirt than would maximize her profit) is $ , which is than the price hilary receives for each shirt she s

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You are looking at a one-year loan of $16,500. the interest rate is quoted as 8.7 percent plus two points. a point on a loan is 1 percent (one percentage point) of the loan amount. quotes similar to this one are common with home mortgages. the interest rate quotation in this example requires the borrower to pay two points to the lender up front and repay the loan later with 8.7 percent interest. what rate would you actually be paying here?