Following the given equations of costs and supposed price, find the equilibrium costs and equilibrium quantities TC=10Q2 p=700-5Q TC = 20Q2 P =700-5Q
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Following the given equations of costs and supposed price, find the equilibrium costs and
TC=10Q2 p=700-5Q
TC = 20Q2 P =700-5Q
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- Following the given equations of costs and its supposed price, find the equilibrium costs and equilibrium quantities a. ATC=3Q2 +12Q+350, P = 60 b. TC = 300Q2 +10Q+120, P = 40Hariri Shuttles (HS) makes two types of shuttles (for looms), type A and type B. The demand for equations for HS shuttles are 9A [Select] = ¶B where PÅ and pÅ are the prices set by HS for type A and type B shuttles, respectively, and 9₁ and q are the corresponding weekly demands for these goods. HS's weekly production cost is c = 30qA+40qB + 1000. (a) The prices that HS should set to maximize their weekly profit are p [Select] [Select] and PB = 100 - 3PA +2PB and 120+ PA 1.5PB (b) The corresponding weekly demands are (c) HS' maximum weekly profit is * = = [Select] [Select] = and B =Marginal cost is given by the function :- 2Q2 - 130 And the equilibrium quantity is 10 so calculate the marginal cost.
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