Donald is a producer in the perfectly competitive market for cronuts - a pastry that is half croissant, half donut.Total Fixed CostTotal Variable CostQuantity(cronuts)TFC ($)TVC ($)1255125101012518151253220125522512582If Donald's profit-maximising quantity is 20 cronuts, what is the market price per cronut at that quantity? Answer to thenearest whole number (with no decimal places or $ sign).

In financial hypothesis, perfect competition happens when all organizations sell indistinguishable…

Answered: onald's profit-maximising quantity is…

onald's profit-maximising quantity is 20 cronuts, what is the market price per cronut at that quantity? Answer to t rest whole number (with no decimal places or $ sign).

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

Donald is a producer in the perfectly competitive market for cronuts - a pastry that is half croissant, half donut.
Total Fixed Cost
Total Variable Cost
Quantity
(cronuts)
TFC ($)
TVC ($)
125
5
125
10
10
125
18
15
125
32
20
125
52
25
125
82
If Donald's profit-maximising quantity is 20 cronuts, what is the market price per cronut at that quantity? Answer to the
nearest whole number (with no decimal places or $ sign).

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