449 399 Intel 349 299 249 449 200 230 210 180 120 50 35 15 5 -5 399 180 210 190 170 110 70 45 25 15 10 AMD 349 150 160 180 150 105 55 50 30 20 15 299 120 130 140 120 95 45 40 35 25 20 95 249 110 120 100 90 What combination of strategies generates the highest total profit? 30 25 20 15 10

449 399 Intel 349 299 249 449 200 230 210 180 120 50 35 15 5 -5 399 180 210 190 170 110 70 45 25 15 10 AMD 349 150 160 180 150 105 55 50 30 20 15 299 120 130 140 120 95 45 40 35 25 20 95 249 110 120 100 90 What combination of strategies generates the highest total profit? 30 25 20 15 10

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

449
399
Intel 349
299
249
449
200
230
210
180
120
50
35
15
5
-5
399
180
210
190
170
110
70
45
25
15
10
AMD
349
150
160
180
150
105
55
50
30
20
15
299
120
130
140
120
95
45
40
35
25
20
249
95
110
120
100
90
What combination of strategies generates the highest total profit?
30
25
20
15
10

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Barrels of Average Oil Marginal Marginal Total Produced Revenue Cost Costs $ 30.00 $ 50.00 $ 4.00 $ 34.00 $ 50.00 $ 6.00 $ 40.00 $ 50.00 $ 77.00 $ 17.00 $ 50.00 $ 17.00 $ 17.00 $ 50.00 $ 23.00 $ 18.20 $ 50.00 $ 29.00 $ 20.00 $ 50.00 $ 36.00 $ 22.29 $ 50.00 $ 50.00 $ 25.75 $ 50.00 $ 90.00 $ 32.89 $ 50.00 $124.00 $ 42.00 2 3 7. 8 9. 10 Consider the table above. What are the fixed costs of production for this firm? $50 $34 $4 $30
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