Economics 33. Is the following statement true or false? Explain. In a du enely cotoric paribuc colluion

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Q: TC FC TVC AVC ATC MC 100 1 130 75 3 165 4 50 250 330 7 90 What is the total variable costs (TVC or…

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A: Answer -   GDP :- GDP is the total products and services produced in a country in a year

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A: TC = 800+ 10q + 1.5q^2  MC is derivative of TC with respect to Q So,  MC = 10+ 3q Price is 100

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