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A computer company CompUA produces affordable, easy-house home computer systems and has fixed costs of $250. The marginal cost of producing computers is $700 for
A computer company "CompUA" produces affordable, easy-house home computer systems and has fixed costs of $250. The marginal cost of producing computers is $700 for the first computer, $250 for the second, $300 for the third, $350 for the fourth, $400 for the fifth, $450 for the sixth, and $500 for the seventh. (Note, that firm operates in the situation of perfect competition) Please calculate and fill the right answers At what quantity and price is the zero-profit point? Quantity = ; Price = $ At what price is the shutdown point? Price = If the company sells the computers in quantity of zero-profit point for $500, is it making a profit or a loss? How big is the profit or loss? If the firm sells the computers in quantity of zero-profit point for $300, is it making a profit or a loss? How big is the profit or loss? What is meaning for the average variable cost for Q=2? AVC = What is ATC for Q=3? ATC= What is meaning for marginal costs for Q=4? MC =
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