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Calculate the average fixed cost, average variable cost, average total cost and marginal revenue. Should the company shut down or stay in business in the short run?

By EzekielPosted on September 30, 2022Posted in EconomicsTagged average variable, collegeessays, essayhelp, marginal cost, revenue equals

Intro Inclass/HW Set: Perfect Competition F22 Q1: Fill in the Blanks. Assume the fixed cost is $200. Product price is $130. Output Variable Cost Total Cost AFC AVC ATC Marginal Cost Total Revenue MR Profit 1 $100 300 200 130 2 $150 350 100 260 3 $210 410 200 390 4 $300 500 200 520 […]