Question: pls solve it fast 0 24 12 marks) Jo gives up her customer service offer job in a bank from which the same $45,Dup. She
pls solve it fast

0 24 12 marks) Jo gives up her customer service offer job in a bank from which the same $45,Dup. She wants to open a boutique shop. It will cast Jo 600,0:00 per year to rent her shop, hire wall and cover all other expenses. The boutique will bring in 1865,090 worth of Revenue. Is jo making an economic profit / zero economic profit / or loss? How much is it? ( 7h) Refer to the following table Variable Input Total Product Marginal Product (MP] Average Product (AP] (Labour) (Outpull H 50 71 3 248 02.68 Q2 b.i (1 mark) The average product for the 1 unit of variable input = Q2. b.ii (1 mark) The Total product for the 2 units of variable input Q2. bill (1 mark) The marginal product for the 3 unit of variable input- Q2. c (2 marks) In addition to the "Kinked" demand curve Model, list two non-cooperative oligopoly models. Q2. d (3 marks) According to the 'kinked demand curve' of a non-cooperative Oligopoly model, how would a profit maximisation oligopoly firm respond to the price and output when the marginal cost (MC) falls below the vertical section of it's marginal revenue (MR)
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