Thank you tutor

ECO 101 INTRODUCTION TO MICROECONOMICS Instructions: Answer all six Questions. Maximum six gages allowed. You must turn in one le only by the deadline. All answers must be hand written. 1. An entrepreneur is thinking of starting a rm. The rm will pay Tk. 320,000 in wages/salary, Tk. 150,000 on raw materials, Tk. 100,000 for rent per month. If the entrepreneur worked as a manager for somebody else, he would earn Tk. 50,000 per month. The m1's total revenue per month is Tk. 600,000. a) Calculate the accounting prot of this rm. 13) Do you think the entrepreneur should start this rm, explain your answer. 2. List the characteristics of the four different types of market structures discussed in class and give an example of each. 3. Suppose you start a business of manufacturing computer software. Assume that this computer software company is a perfectly competitive rm. Your xed cost per month is Tk. 60,000 and total cost is Tk. 140,000. If you sell 1000 software per month and the average revenue is Tk. 90, what should be your short-run decision regarding shut down and long run decision regarding exit? 4. On x and y axes, draw ATC, AVC and MC curves and four alternative demand curves that the Perfectly Competitive Firm might face. a) Draw D1 such that the rm makes a prot. ET