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A: Reference words and quotations are often used to refer to the same thing even though the reference…

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A: TC=TFC+TVCProfit occurs when TR>TCProfit=TR-TCTR=P×Q

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Q: LEAST COST METHOD DESTINATION SOURCES SUPPLY 1 3 1 4 300 2 400 8 3 3 2 500 DEMAND 250 350 400 200 5.

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Q: Profit = 2203.4*Demand -705030   Profit(1000)

A: Answer: Given, Profit function: Profit=2203.4×Demand-705030 To find the profit at Demand=1000 let us…

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A: Given,

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Q: em (eg: poor service or food at a restaurant or poorly functioning computer).  Indicate how

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A: If the demand decreases by 4000 gallon at all price then; Price ($) Quantity demanded Quantity…

Q: TFC TVC TC MC TR MR PROFIT/LOSS 400 100 400 50 200 400 100 300 400 130 400 400 180 500 400 220 600…

A: TC=TFC+TVC Fixed cost is independent of output produced whereas variable cost with the level of…

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Q: 1000 900 O, at $150 800 700 600 Profit Max 500 400 ATC at Profit Max 300 200 ATC Profit 100 MC MR 2…

A: please find the answer below.

Q: Victor plans to set up an online business selling software applications that he develops and…

A: P = $130, FC = $850, VC = 3($15) = $45. Then, CM = P-VC       = 130 - 45        = $85 a) Break even…

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Q: uppose we know that p=1,056- D/5, where p = price in dollars and D = annual demand. The total cost…

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A: Elasticity measures the responsiveness of quantity demanded with respect to change in price.

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Q: II. Find The Minimum Cost and graph : 1. C = x2 - 16x + 74 2. C = x2 - 40x + 405 Thank you.

A: Given cost functions C=x2-16x+74             ......... (1) and  C=x2-40x+405        .......... (2)…

Q: Price and Cost (dolars) Price and Cost (dolars) MC MC ATC 11 11 10 10 AVC ATC 7. AVC 100 150 200…

A: In perfect competition market there are large numbers of sellers and buyers firm homogeneous product…

Q: Price 408 384 360 336 312 288 264 240 216 192 168 144 120 96 72 48 24 0 0 56 112 168 224 280 336 392…

A: Answer: A firm maximizes its profit where marginal revenue (MR) and marginal cost (MC) intersect…

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A: Break-even quantity (Q*) = Fixed (Start up) costs / (Selling price - Average variable cost)

Q: 196 182 168 154 140 126 112 98 84 70 56 42 28 14 23 46 69 92 115 138 161 184 207 230 253 276 299 322…

A: In the Figure, blue line shows demand curve ( D), red line shows marginal revenue curve ( MR) ,…