Question: . Problem 2. Multi-product firm (1 point] Consider a bakery that rents an oven for $100 to produce two types of bread - black and

Problem 2. Multi-product firm (1 point] Consider a bakery that rents an oven for $100 to produce two types of bread - black and white. Let qo be the number of black breads the bakery produces, and qw - the number of white breads. The bakery's cost functions is: C(96qw) = 100+o+20u. Both types of bread have equal share in the total output, A = 0.5 and X=0.5 Find: (a) marginal costs (b) average incremental costs (c) ray average cost (a) scale economies measure (e) scope economies measure

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