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please answer question a Calculate the profit-maximising output and a) Calculate the total variable cost (TVC), average ximum profit that this firm will make. total

please answer question a

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Calculate the profit-maximising output and a) Calculate the total variable cost (TVC), average ximum profit that this firm will make. total cost (ATC), average variable cost (AVC), marginal cost (MC), total revenue (TR), ically analyse, with a graphical illustration, marginal revenue (MR). rious efficiency aspects of a perfectly b ) If Rasiah's Garden of Fruits sells a kilo of fruit itive firm. for $3.50, how many kg of fruits (output) should the firm sell in order to maximise each of the following, is the industry profits, and how much profits would the firm competitive? Referring to market share, make? disation of the product, and/or free entry C ) What would be the minimum market price explain your answer. that Rasiah's Garden of Fruits would need to anas charge their customers in order to avoid n Bieber's concerts shutting down its business in the short run? i-Purpose Vehicles (MPVs) The long run? h's Garden of Fruits is a firm selling fruits ctly competitive market. Total fixed cost d the wage for labour is $5 per worker. ated output produced and costs are as abour Usage Output (kg of fruits) 0 10 12 20 17 30 24 40 33 50 44 60 57 70

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