QtyAFC ATC MC 0 1 80.00100.0020 2 40.0058.00 17 3 26.66 44.00 15 4 20.0036.25 13...

 

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QtyAFC ATC MC 0 1 80.00100.0020 2 40.0058.00 17 3 26.66 44.00 15 4 20.0036.25 13 5 16.00 31.40 12 13.33 28.33 13 6 7 11.42 26.29 14 9 8 10.00 26.13 25 8.88 26.56 30 10 8.00 27.56 34 11 7.27 28.30 40 12 6.66 30.00 47 13 6.15 31.92 55 A B с D If the market price is Rs. 31, the firm will produce: 9 units at an economic profit of Rs. 40 10 units at an economic profit of Rs. 67 9 units at an economic profit of Rs. 81 Zero units of output and lose its fixed cost in the short run QtyAFC ATC MC 0 1 80.00100.0020 2 40.0058.00 17 3 26.66 44.00 15 4 20.0036.25 13 5 16.00 31.40 12 13.33 28.33 13 6 7 11.42 26.29 14 9 8 10.00 26.13 25 8.88 26.56 30 10 8.00 27.56 34 11 7.27 28.30 40 12 6.66 30.00 47 13 6.15 31.92 55 A B с D If the market price is Rs. 31, the firm will produce: 9 units at an economic profit of Rs. 40 10 units at an economic profit of Rs. 67 9 units at an economic profit of Rs. 81 Zero units of output and lose its fixed cost in the short run

Answer rating: 100% (QA)

Correct option is A At the level of production of 9 un... View the full answer