A Firm has a fixed cost of 15 and the variable cost is indicated in the...
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A Firm has a fixed cost of €15 and the variable cost is indicated in the table. Complete the table if the per-unit price of the firm's product is €55. Also, construct the graphs of the following. Units of Quantity TVC labor 0 1 2 3 4 In 5 6 7 8 9 10 0 1 2 3 4 in 5 6 7 8 9 10 0 45 85 120 150 185 225 270 325 390 465 TFC 9992 ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? TC ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? MC ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? TR ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? MR ??? ??? ??? ??? ??? ??? ??? ??? 229 ??? ??? Profit ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? A Firm has a fixed cost of €15 and the variable cost is indicated in the table. Complete the table if the per-unit price of the firm's product is €55. Also, construct the graphs of the following. Units of Quantity TVC labor 0 1 2 3 4 In 5 6 7 8 9 10 0 1 2 3 4 in 5 6 7 8 9 10 0 45 85 120 150 185 225 270 325 390 465 TFC 9992 ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? TC ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? MC ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? TR ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? MR ??? ??? ??? ??? ??? ??? ??? ??? 229 ??? ??? Profit ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ???
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Units of Labor Quantity TVC TFC TC MC TR MR Profit 0 0 0 15 15 1 1 45 15 60 45 ... View the full answer
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