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31 Jul 2018
the total cost function of a firm is represented below
TC=q3-18q2+100q+200
1-what is the MC
2-what is the AVC
3-calculate quantity and price at the shutdown point
4-if firm chooses to shutdown how much will it lose in the short run? in the long run?
5-what is the firms supply curve?at what level does it start?
6-what is the quantity and price at B.E. point?
the total cost function of a firm is represented below
TC=q3-18q2+100q+200
1-what is the MC
2-what is the AVC
3-calculate quantity and price at the shutdown point
4-if firm chooses to shutdown how much will it lose in the short run? in the long run?
5-what is the firms supply curve?at what level does it start?
6-what is the quantity and price at B.E. point?
1
answer
0
watching
86
views
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Sixta KovacekLv2
3 Aug 2018