Answer the next question on the basis of the following cost data for a purely competitive seller:? - tvc 4
Total Products TFC TVC
0 50 $ 0 $
1 50 70
2 50 120
3 50 150
4 50 220
5 50 300
6 50 390
See previous data. If the product price is $ 75 for your production company to achieve optimal economic benefit, the balance point, or suffer economic losses? As the gain or loss will be? All the calculations.
See previous data. If the product price is $ 60 in its optimal production result of economic benefit to the company, the equilibrium point, or an economic loss? As the gain or loss will be? All the calculations.
Monday, February 1, 2010
Tvc 4 Answer The Next Question On The Basis Of The Following Cost Data For A Purely Competitive Seller:?
1 comment:
In the first stage, 4 units produced and sold as a unit cost more than 5 to $ 75.
Produced in the second scenario, only 3 units and sold by a unit of 4 would cost more for the price of $ 60.
From there, I bet you can do the calculations on the total costs compared to turnover. And if we assume that the expenditure figures are the opportunity costs, then the answer is its economic profit and loss account included.
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