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Tutorial 6 (Solution)
Tutorial 6 (Solution)
1
2
1.
2.
3.
4.
3
-
a b
4
5
Average and marginal
cost
T T
T T
T T
T
Average and marginal cost
Price
7
8
⽐ P =
MC 1 00 =
49 9 = 25
profit-Rwenue-cost-P.ec 5
1 00 2 = 25 -
( 00 + 2 25
.
= 1050
7
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