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Question 37 Marks Adidas is one of the high-class sports shoe dealers in Melbourne with the following short run cost curves. Answer the question that

Question 37 Marks
Adidas is one of the high-class sports shoe dealers in Melbourne with the following short run cost curves. Answer the question that follow
AutoSave . Off HI5003 Final Assessment Economics for Busin.. O Search Ricky Kafle RK X File Home Insert Design Layout References Mailings Review View Help Share Comments Question 3 7 Marks Adidas is one of the high-class sports shoe dealers in Melbourne with the following short run cost curves. Answer the question that follow 90 MC ATC 70 Price Cost (AUD 60 50 DD 40 30 MR 20 so 100 150 200 250 300 Quantity i. Use 2 characteristics to explain the market structure for Adidas Sports Shoe Company. (4 marks) ANSWER: ii. Calculate this firm's profit or loss for Adidas shoe company. (3marks) ANSWER: Page 4 of 8 936 words X English (Australia) [ Focus + 100% 2:46 PM LO O O w ( ENG 19/06/2021

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