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Alex_Xolod [135]
2 years ago
8

A purely competitive firm finds that the market price for its product is $30.00. it has a fixed cost of $100.00 and a variable c

ost of $15.00 per unit for the first 50 units and then $35.00 per unit for all successive units. instructions: round your answers to 2 decimal places.
a. does price equal or exceed average variable cost for the first 50 units? . what is the average variable cost for the first 50 units? $ .
b. does price equal or exceed average variable cost for the first 100 units? . what is the average variable cost for the first 100 units? $ .
c. what is the marginal cost per unit for the first 50 units? $ per unit. what is the marginal cost for units 51 and higher? $ per unit.
d. for each of the first 50 units, does mr exceed mc? . what about for units 51 and higher? .
e. what output level will yield the largest possible profit for this purely competitive firm? units.
Business
1 answer:
mr Goodwill [35]2 years ago
8 0

thats a big question mister. Look it up on brainly or something

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You want to buy a car, and a local bank will lend you $25,000. The loan will be fully amortized over 5 years (60 months), and th
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Monthly payment: 460.41 dollars

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Explanation:

we will calculate the PTM of an annuity of 25,000 over 5 year at 4%

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

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time 60

rate 0.003333333

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