P.T.0. 3] The demand and supply function for Good 2 is given below- Q4: 320 - 4P (2d: -245 + P i] What is the
P.T.0. 3] The demand and supply function for Good 2 is given below- Q4: 320 - 4P (2d: -245 + P i] What is the value of consumer surplus and producer surplus? ii] If 50 taka tax is imposed on sellers, what is the value of new consumer surplus and producer surplus after the imposition of tax? 4] Let us consider a short-run scenario where smart phones are produced in a factory. The xed cost of producing smart phones is 7000 Take per day. Furthermore, workers are also needed to produce the smart phones and the daily wage of a worker is 2500 Take. Moreover, the price of a smart phone is 5000 Take. The following table shows the workers required in a day to produce different quantities of shirts. (it shows the maximum - Worker per day Smart phones (per day) a] What is the marginal cost when quantity of smart phones produced increases from 5 units per day to 18 units per day? in] What is the prot when 25 smart phones are produced and sold ina day? [CS] Scanned with CamScanner
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