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The price of the commodity is P4/unit. Complete the table below   Q Demand Supply TR TFC TVC TC AVC AFC AC MR MC Profit 0 100 0 0 100 0 100       4 4 -100 10 90 10 40 100 40 140 4 10 14 4   -100 20 80 20 80 100   155 2.75 5 7.75       30 70 30 120 100 67               40 60 40 160 100 77 177 1.925   4.425       50 50 50   100 86 186             60 40 60 240 100   193 1.55   3.216667       70 30 70   100 113 213             80 20 80 320 100 143   1.7875 1.25 3.0375       90 10 90 360 100   283         10 77 100 0 100 400 100 283   2.83   3.83 4 3.83 17 1. Graph the demand and supply 2. Graph the TR, TC, and profit 3. Graph the ATC and MC

The price of the commodity is P4/unit. Complete the table below   Q Demand Supply TR TFC TVC TC AVC AFC AC MR MC Profit 0 100 0 0 100 0 100       4 4 -100 10 90 10 40 100 40 140 4 10 14 4   -100 20 80 20 80 100   155 2.75 5 7.75       30 70 30 120 100 67               40 60 40 160 100 77 177 1.925   4.425       50 50 50   100 86 186             60 40 60 240 100   193 1.55   3.216667       70 30 70   100 113 213             80 20 80 320 100 143   1.7875 1.25 3.0375       90 10 90 360 100   283         10 77 100 0 100 400 100 283   2.83   3.83 4 3.83 17 1. Graph the demand and supply 2. Graph the TR, TC, and profit 3. Graph the ATC and MC

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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The price of the commodity is P4/unit. Complete the table below

 

Q Demand Supply TR TFC TVC TC AVC AFC AC MR MC Profit
0 100 0 0 100 0 100       4 4 -100
10 90 10 40 100 40 140 4 10 14 4   -100
20 80 20 80 100   155 2.75 5 7.75      
30 70 30 120 100 67              
40 60 40 160 100 77 177 1.925   4.425      
50 50 50   100 86 186            
60 40 60 240 100   193 1.55   3.216667      
70 30 70   100 113 213            
80 20 80 320 100 143   1.7875 1.25 3.0375      
90 10 90 360 100   283         10 77
100 0 100 400 100 283   2.83   3.83 4 3.83 17


1. Graph the demand and supply
2. Graph the TR, TC, and profit
3. Graph the ATC and MC
4. Graph the ATC, MC, MR, AVC & MC
5. Provide a brief explanation on the graph no. 4

 

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The price of the commodity is P4/unit. Complete the table below

 

 

Q Demand Supply TR TFC TVC TC AVC AFC AC MR MC Profit
0 100 0 0 100 0 100       4 4 -100
10 90 10 40 100 40 140 4 10 14 4   -100
20 80 20 80 100   155 2.75 5 7.75      
30 70 30 120 100 67              
40 60 40 160 100 77 177 1.925   4.425      
50 50 50   100 86 186            
60 40 60 240 100   193 1.55   3.216667      
70 30 70   100 113 213            
80 20 80 320 100 143   1.7875 1.25 3.0375      
90 10 90 360 100   283         10 77
100 0 100 400 100 283   2.83   3.83 4 3.83 17
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