specify and explain the typical shapes of marginal benefifit and marginal cost curves how are these curves used to determine the optimal allocation of resources to a particular product if cu 45702
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specify and explain the typical shapes of marginal benefifit and marginal cost curves how are these curves used to determine the optimal allocation of resources to a particular
specify and explain the typical shapes of marginal benefifit and ...
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(a) A firm's marginal cost function is MC=2 Find an expression for the total cost function if the fixed costs are 500 . Hence find the total cost of producing 40 goods. (b) The marginal revenue function of a monopolistic producer is MR=100-6 Q Find the total revenue function and deduce the corresponding demand equation. (c) Find an expression for the savings function if the marginal propensity to save is given by MPS=0.4-0.1 Y^-1 / 2 and savings are zero when income is 100 . | Numerade
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(a) A firm's marginal cost function is MC=2 Find an expression for the total cost function if the fixed costs are 500 . Hence find the total cost of producing 40 goods. (b) The marginal revenue function of a monopolistic producer is MR=100-6 Q Find the total revenue function and deduce the corresponding demand equation. (c) Find an expression for the savings function if the marginal propensity to save is given by MPS=0.4-0.1 Y^-1 / 2 and savings are zero when income is 100 . | Numerade
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SOLVED:(a) Find the total cost if the marginal cost is MC=Q 5 and fixed costs are 20 . (b) Find the total cost if the marginal cost is MC=3 e^0.5 Q and fixed costs are 10 .
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