Solve all this question......you will not solve all questions then I will give you down?? upvote..... make?A perfectly competitive firm produces 3,000 units of a good at a total cost of $36,000. Thefixed cost of production is $20,000. The price of each good is $10. Should the firm continue toproduce in the short run? Why or why not?DoptyPopular rock band U2 regularly sells out its concerts, charging $80 for its tickets.They could raise ticket prices to $120 and still sell out their concerts, but choosenot to do so. What is the best economic explanation for this decision?

Since you have posted two independent questions, according to the guidelines, only the first…

A perfectly competitive firm produces 3,000 units of a g fixed cost of production is $20,000. The price of each ga produce in the short run? Why or why not? ular rock band U2 regularly sells out its conc could raise ticket prices to $120 and still se do so. What is the best economic explanat

A perfectly competitive firm produces 3,000 units of a g fixed cost of production is $20,000. The price of each ga produce in the short run? Why or why not? ular rock band U2 regularly sells out its conc could raise ticket prices to $120 and still se do so. What is the best economic explanat

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Solve all this question......you will not solve all questions then I will give you down?? upvote.....

make?
A perfectly competitive firm produces 3,000 units of a good at a total cost of $36,000. The
fixed cost of production is $20,000. The price of each good is $10. Should the firm continue to
produce in the short run? Why or why not?
Dopty
Popular rock band U2 regularly sells out its concerts, charging $80 for its tickets.
They could raise ticket prices to $120 and still sell out their concerts, but choose
not to do so. What is the best economic explanation for this decision?

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Solve all this question......you will not solve all questions then I will give you down?? upvote.....
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