Question: AtC D = MR - P AVC 2 050 D 500 3,090 5,000 61000 a lundades) 1. The graph above represents the market structure of


AtC D = MR - P AVC 2 050 D 500 3,090 5,000 61000 a lundades) 1. The graph above represents the market structure of because 2. The characteristics of this market structure are: a . b . C. e. P . 3 . The entrepreneur in this market structure will macmice profits when 4. The price per unit that marianizes profits for the company in thi market structure is equal to $1 - and the company will produce the amount of 5. The total income ( TR) that the company generates with the price and quantity that mostmice profits is $ 6. The total cost per unit ( Atc), in dollars, related to the quanty that maxonices the earnings is $1 7. Snce you identified the cost per unit (Atc ) in question s, calculate the total cost (TC) related to the quantity that maximized profits. 8 In question 4 you calculated the total income (TR) and in question 6 you calculate the total can't (CT) . The difference between total revenue (TR) and total cost ( TC) is the profit, Namely, gain-TR-TC. Determine if the entreprenur has economic profits, Losses economic or normal earnings
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