. $ per ton1086.500140zero, P= $6.00$53,000, P= $6.50$840, P=$6.00284MC₁Calculate profit at the minimum efficiency scale, Which price corresponds to this?$426,000, P=$8.00ACThousand metric tons of lime per year

The MES denotes the manufacturing output level at which a company achieves the lowest feasible AC…

Answered: . $ per ton 10 8 6.50 6 140 O $840,…

. $ per ton 10 8 6.50 6 140 O $840, P=$6.00 284 Calculate profit at the minimum efficiency scale, W O $426,000, P=$8.00 zero, P= $6.00 $53,000, P= $6.50

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter17: Long-term Investment Analysis

Section: Chapter Questions

Problem 3.4CE

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Question

. $ per ton
10
8
6.50
0
140
zero, P= $6.00
$53,000, P= $6.50
$840, P=$6.00
284
MC₁
Calculate profit at the minimum efficiency scale, Which price corresponds to this?
$426,000, P=$8.00
AC
Thousand metric tons of lime per year

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