Question
QUANTITY TOTAL COST TOTAL REVENUE TVC AVC ATC 80 5000 8000 81 5050 8100 82 5125 8200 83 5225 8300 84 5350 8400 85 5500
| QUANTITY | TOTAL COST | TOTAL REVENUE | TVC | AVC | ATC |
| 80 | 5000 | 8000 | |||
| 81 | 5050 | 8100 | |||
| 82 | 5125 | 8200 | |||
| 83 | 5225 | 8300 | |||
| 84 | 5350 | 8400 | |||
| 85 | 5500 | 85000 |
CALCULATE TVC AVC AND ATC IF FIXED COSRS ARE 2000 WHAT IS THE PRICE OF THE PRODUCT FOR THE ABOVE MARKET WHAT IS THE MARKET FOR RAM WHAT TYPE OF PROFIT DOES THE FIRM EARN AT PROFIT MAXIMIZING LEVEL at WHAT PRICE WILL RAM SHUT DOWN
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Economics
Authors: R. Glenn Hubbard, Anthony Patrick O Brien
7th edition
134738314, 9780134738116 , 978-0134738321
