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Murtessa Afowark
Answers (2)
suppose that Anbassa shoe factory operates in a perfectly competitive market. the market price of its product is $74 per units . The firm estimates its cost of production with the cost function of TC = 128 + 50Q- 16Q^2+2Q^3. A, what level of output should
suppose that the short run costs for a paintbrush manufacturer are given by the expression: TC: 100+2Q+0.01Q^2. A, what is the fixed cost of this manufacturer? B, what are the total cost , average cost , average variable cost, and marginal cost at 50 units