Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
i need this all in words
not handwritten no pic
just Rewrite it
Transcribed Image Text:Now, for making diagram, quantity is
Shown
оп
X-axis and
is shown on
Y-axis.
Price /Ac/mc)
"AR/MR
1201
SO
of
O
8000
Quantity
Price / AR / AC/MC
sloping
(P) boo)
west 05
demand
O
MR
MC/AG
Here MR and demand curve can be seen
Epal
-X
as downward
shape than demand
Straight line parallel to x-axis.
and MR has less
MC and AC are
![solution:
а р
200
TC
O
1000
190 50,000
2000 180 1,00,000
3000 170 1,50,000
MC [ATC] ATC [TS] TR (PXC) MR [-T
50
SO
SO
Y000 160 2,00,000
50
5000 150 2,50,000 SO
6000 140 2,09000 50
7000
130 3,50,000 50
8000 120 4,00,000 50
9000 110 4,50,000 50
10,000 100 5,00,000 50
50
11,000 90 5,50,000 50
12,000 80 6,00,000 50 50
уууууууу
отс
IQ
2
00510000
50000 640000
750000
840000
910000
50
50
For ex: for calculating
ATC=
so,
190000
360000
960000
990000
000 1000000
50,000-0- 50,000 and o
190
170
150
130
110
90
70
50
30
Note: Here A (Delta) stands for change between
two Units,
990000
-10
960000 30
MC at Q=1000,
= 1000-0= 1000
50,000 = 50 and it follow till
1000
last.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F939dd2c2-4a0e-49a1-9d6d-d02a2a6771a3%2Fe84a4888-122a-4937-b471-b21fea6ef384%2Fcms135v_processed.jpeg&w=3840&q=75)
Transcribed Image Text:solution:
а р
200
TC
O
1000
190 50,000
2000 180 1,00,000
3000 170 1,50,000
MC [ATC] ATC [TS] TR (PXC) MR [-T
50
SO
SO
Y000 160 2,00,000
50
5000 150 2,50,000 SO
6000 140 2,09000 50
7000
130 3,50,000 50
8000 120 4,00,000 50
9000 110 4,50,000 50
10,000 100 5,00,000 50
50
11,000 90 5,50,000 50
12,000 80 6,00,000 50 50
уууууууу
отс
IQ
2
00510000
50000 640000
750000
840000
910000
50
50
For ex: for calculating
ATC=
so,
190000
360000
960000
990000
000 1000000
50,000-0- 50,000 and o
190
170
150
130
110
90
70
50
30
Note: Here A (Delta) stands for change between
two Units,
990000
-10
960000 30
MC at Q=1000,
= 1000-0= 1000
50,000 = 50 and it follow till
1000
last.
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