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  • Calculations

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    Iqra 2000
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    The document contains numerical values and equations related to calculating costs, revenues, and profits for a duopolist firm. It finds that the profit-maximizing quantity is 25 units, price is $9.50 per unit, and the profit as a percentage of total costs is 5.24%.

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    Calculations

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    The document contains numerical values and equations related to calculating costs, revenues, and profits for a duopolist firm. It finds that the profit-maximizing quantity is 25 units, price is $9.50 per unit, and the profit as a percentage of total costs is 5.24%.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    13 views2 pages

    Calculations

    Uploaded by

    Iqra 2000
    The document contains numerical values and equations related to calculating costs, revenues, and profits for a duopolist firm. It finds that the profit-maximizing quantity is 25 units, price is $9.50 per unit, and the profit as a percentage of total costs is 5.24%.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    a b p g q c q

    6 1 13 2 -3.5 0.5 1000

    P= 1000-q MR=MC
    ATC= Q + TQ/Q 1000-Q=2Q
    MR= 1000-2(q) Q=25
    Duopolist= MR=MC P=1000-2(25)
    MC=TC/Q P=$9.50
    TC=ATC*Q Profit=MR=MC, 950/(181000/100) = 5.24
    TC= Q^2+1000
    MC=2Q
    FC TC
    181000 181500

    /(181000/100) = 5.24

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