Perum Perindo operates 2,500 hectares of shrimp pond in Bratasena, Lampung. There are many players in this market, including the traditional shrimp farmers and big companies listed in the IDX stock market. The product in this market is relatively standardized. It is known that perum Perindo total cost function is TC = 20 + 4Q + 0.003Q2 and the market price for a kilo of shrimp is $16. d.    Write the firm variable cost and average variable cost function e.    At the equilibrium level of output that has been calculated in question c , find the firm average variable cost (AVC) f.    At current price level, should the firm conti

Q: Suppose a company has fixed costs of $40,800 and average variable costs given by AVC(x)-x + 333…

A: The fixed cost of the firm is FC = $ 40,800 and the average variable cost is, AVC(x) = 1/3*x + 333…

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A: Given, Q= 120000/P2 Marginal cost- 40

Q: Road Runner Co is a Pakistani manufacturer making Bicycles. It exports to two markets, Bangladesh…

A: Solution a)Company's total profit function is given by :π (Q) = Total Revenue - Total Cost…

Q: Suppose a company has fixed costs of $28,600 and average variable costs given by AVC(x)==x + 222…

A:

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A: Total RevenueTR=Price×Quantity Profit = TR-TC Given, TC=10+8Q1+Q2 Total Revenue from the Retail…

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A: TC = $3,600 + $5Q + $0.01Q2   MC=dTC/dQ= 5+0.02Q 1) Given the market is perfectly competitive, the…

Q: Road Runner Co is a Pakistani manufacturer making Bicycles. It exports to two markets,Bangladesh and…

A: Total profit = Total revenue - Total cost Revenue = Price * Quantity

Q: Perum Perindo operates 2,500 hectares of shrimp pond in Bratasena, Lampung. There are many players…

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A: 200-4Q = Q^2 + 6Q +125 Q^2 + 10Q - 75 = 0 (Q-5) (Q+15) = 0 Q* = 5 TR = 200*5 -2*5^2 = 1000-50 = 950…

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A: Given : Bangladesh : Q1 = 12 – P1  P1 = 12 – Q1 Sri Lanka :   Q2 =   8 – P2 P2 =   8 – Q2 C = 5 + 2…

Q: Question…

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Q: Road Runner Co is a Pakistani manufacturer making Bicycles. It exports to two markets, Bangladesh…

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: Road Runner Co is a Pakistani manufacturer making Bicycles. It exports to two markets,Bangladesh and…

A: Solution a) Company's total profit function is given by : πQ = Total Revenue - Total Cost          =…

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A: The following problem has been solved as follows:

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Q: F

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