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just solve 5,6 and 7 points thanks Question Tow (10 marks ) 1)Naser is running a small factory to produce T- shirts , he bought
just solve 5,6 and 7 points thanks Question Tow (10 marks ) 1)Naser is running a small factory to produce T- shirts , he bought a sewing machine costing him $ 10000 ,establish the factory in his basement, the cost of input used in production is equal $ 25000, the utilities he paid is equal $ 500 ,the fringe cost him $300,the salaries of the employee is about $ 45000, the infrastructure of the project cost him $ 1000 his total sales revenue during the financial year was $75000 , his apartment can be rented at 150 dollars , he was offered a work at a bank with 4500 dollars yearly, calculate a) VC b) FC c)Implicit cost d) Economic profit e) Accounting profit 2) If short-run total cost for a competitive firm is given by TC=20+2Q2 , How many units of output will it produce at a market price of 10? 3 - No. company Output/S 1 Bir Zeit 500 2 Jerusalem 700 3 Chemical 260 4 Shifaa 120 Gama 1900 6 Nablus 150 6) Fill in column by using the demand function : Qd = 10 - 1P PQd TR Elasticity TR related to Ed 0 1 2 3 4 7) Answer the question on the basis of the following cost data: Total Output Cost ! 241 Refer to the above data. The fixed cost of producing 6 units is equal . The total variable cost of producing 6 units is: Codul 3 - No. company Output/S Bir Zeit 500 2 Jerusalem 700 3 Chemical 260 4 Shifaa 120 5 Gama 1900 6 Nablus 150 2 HDC 155 3 Using the above table , use HHI calculator to find concentration ratio 4. The following table represent a perfect competitive firm, price in the market prevail at $ 4, fill the table below: Output TR MRTC MCATCVCAVC 0 50 10 1001 120 1281 30 1481 40 162) 5- Excess profit is a short-run phenomena in perfect competition and monopolistic competition, Why
just solve 5,6 and 7 points
thanks
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