Output Total Cost 0 4000 20 4500 40 4850 60 5150 80 5400 100 5700 120 6100

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Question:

Output	Total Cost
0	4000
20	4500
40	4850
60	5150
80	5400
100	5700
120	6100
140	6600
160	7150
180	7750
200	8500

Question 1

What is the profit-margin quantity if p=25

Question 2

What do you predict will happen in the long-run if prices remain at this level?

Question 3

How long does the price need to fall before the company decides to shut-down in the short run (i.e produce q = 0)?

Related Book For answer-question

Organic Chemistry

ISBN: 978-0321768414

8th edition

Authors: L. G. Wade Jr.

See More Books

Posted Date: Mar 22, 2024 01:28 PM

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Output Total Cost 0 4000 20 4500 40 4850 60 5150 80 5400 100 5700 120 6100

Question:

Expert Answer:

Sure Here are my analysis based on the data you provided Profit Margin Quantity The profit margin quantity is the number of units that need to be sold ... View the full answer

Organic Chemistry

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