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  • Assignments Date of Issue Due Date of Submission From The Students 3 Endof6 Week Endof9 Week

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    Medoooo sa
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    This document provides instructions for Assignment-3 of the economics course Econ-101. It includes two questions - the first asks students to complete a table calculating fixed, variable, total, average, and marginal costs for different output levels. The second question has two parts, asking students to (a) explain why the long-run industry supply curve may be positively sloped, and (b) describe the short-run and long-run effects of changes in demand for a constant cost industry. The document also notes that Assignment-3 was issued at the end of the 6th week and is due by the end of the 9th week, and includes instructions that students must submit assignments by the due date, instructors use plag

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    Assignment.3 ECON-101

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    This document provides instructions for Assignment-3 of the economics course Econ-101. It includes two questions - the first asks students to complete a table calculating fixed, variable, total, average, and marginal costs for different output levels. The second question has two parts, asking students to (a) explain why the long-run industry supply curve may be positively sloped, and (b) describe the short-run and long-run effects of changes in demand for a constant cost industry. The document also notes that Assignment-3 was issued at the end of the 6th week and is due by the end of the 9th week, and includes instructions that students must submit assignments by the due date, instructors use plag

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    30 views2 pages

    Assignments Date of Issue Due Date of Submission From The Students 3 Endof6 Week Endof9 Week

    Uploaded by

    Medoooo sa
    This document provides instructions for Assignment-3 of the economics course Econ-101. It includes two questions - the first asks students to complete a table calculating fixed, variable, total, average, and marginal costs for different output levels. The second question has two parts, asking students to (a) explain why the long-run industry supply curve may be positively sloped, and (b) describe the short-run and long-run effects of changes in demand for a constant cost industry. The document also notes that Assignment-3 was issued at the end of the 6th week and is due by the end of the 9th week, and includes instructions that students must submit assignments by the due date, instructors use plag

    Copyright:

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

    Assignment-3 of the course Econ-101.

    Question.No-1. Consider a firm that has a fixed cost of $ 60.Complete the


    following table.
    Out Fixed Variabl Total Average Average Average Marginal
    put Cost e Cost Cost Fixed Variabl Total Cost
    (FC) (VC) (TC) Cost e Cost Cost
    (AFC) (AVC) (ATC)
    1 $ 10
    2 18
    3 30
    4 45
    5 65

    Question.No.2- (a.)Explain why the long run industry supply curve may be
    positively slope.
    (b). Describe the short run and long run effects of changes in demand for a
    constant cost industry.
    Note:

    Assignments Date of issue Due date of


    submission from the
    students
    3rd End of 6th week End of 9th week

    You are required to follow these instructions as per the mentioned below:

    1.    Must to finish these assignments as per the due date, after
    due date no assignments will be graded.

    2.    All the instructors are now using plagiarism software so any
    issue found will be liable for strict action

    3.    NO copying will be entertained for the grades and those


    found guilty will be given ’0’ marks.

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