Answer:
units of output = 2 units
fixed cost = 8
Explanation:
given data
SMC = 2 + 4Q
AVC = 2 + 2Q
to find out
how many units of output will it produce at a market price and what level of fixed cost will this firm earn zero economic profit
solution
we know here that under perfect competition
so at the equilibrium here Price (P) will be = MC
P = MC = 10
and
SMC = 2 + 4Q ,
P = 2 + 4Q
10 = 2 + 4Q
Q = 2 units
and
at zero economic profit we get
TR = TC
TR = P × Q
TR = 10 × 2
TR = 20
so
TC = TFC + TVC
20 = TFC + 12
TFC = 8
because here [ TVC = AVC × Q ]
[ TVC = (2 + 2 × 2) × 2 ]
[ TVC = 12 ]
Answer:
The correct answer is option d.
Explanation:
A decrease in government spending will reduce the demand for loanable funds. This will cause the demand curve for loanable funds to shift to the left.
The leftward shift in the demand loanable funds will cause the interest rates to decrease. This reduction in the interest rate and investment tax credit will cause the quantity of loanable funds traded to increase.
it's for as long as u want except ur phone begins to malfunction
Answer:
self-managing team.
Explanation:
Harry is not a team player.
