At which price and quantity combination would the government regulate this firm to get as close as possible to the most efficien
t point for society
1 answer:
Answer:
Point C and G. Refer to the attached image.
Explanation:
According to the attached image, the price and quantity combination the government would regulate this firm to get as close as possible to the most efficient point for society is C and G because, this is the point where marginal cost MC and Average Total Cost intercept and form lower equilibrium point.
This means that if company sell at this point they will not run at shortage and also for buying society, the quantity they will buy is also at the increase making it the most efficient point for the society.
You might be interested in
Answer:
The form of business organization in the United States which comprises about 18% are corporations.
Explanation:
According to the data presented in the attached figure it is clearly seen that the percentage of corporations in the United States is 18%. The percentage of Joint Ventures and Syndicates is a lot less while that of partnerships and sole proprietorships is higher.
Answer
The answer and procedures of the exercise are attached in the images below.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.
