Total Product Aver. Fixed Cost Aver. Var. Cost Average Total Cost Marginal Cost
ID: 1241363 • Letter: T
Question
Total Product Aver. Fixed Cost Aver. Var. Cost Average Total Cost Marginal Cost 0 0 0 0 0 1 $60.00 $45.00 $105.00 $45 2 30.00 42.50 72.50 40 3 20.00 40.00 60.00 35 4 15.00 37.50 52.50 30 5 12.00 37.00 49.00 35 6 10.00 37.50 47.50 40 7 8.57 38.57 47.14 45 8 7.50 40.63 48.13 55 9 6.67 43.33 50.00 65 10 6.00 46.50 52.50 75 A. At a product price of $56, will this firm produce in the short run? If it is preferable to produce, what will be the profit maximizing or lose minimizing output? What economic profit or loss will the firm realize per unit of output? B. Answer the questions of 4a. assuming product price is $41. C. Answer the questions of 4a. assuming product price is $32. D. In the table below, complete the short-run supply schedule for the firm (columns 1 & 2) and indicate the profit or loss incurred at each output (column 3). (1) (2) (3) (4) Price Quantity supplied, single firm Profit (+) or Lose (-) Quantity Supplied 1500 firms $26 $32 $38 $41 $46 $56 $66Explanation / Answer
i am unable to see the column and rows .. pls post the table at least with some spacing