Price (RM) Pi A 0 Harga (RM) Pr MC A B Assume price (P₁) equal to RM12, the average cost (AC) equal to RM10 ane What is the total cost when the firm wants to maximise profit in the short-r AC MC MR=AR=P=D AC Output MR = AR=P=D
Price (RM) Pi A 0 Harga (RM) Pr MC A B Assume price (P₁) equal to RM12, the average cost (AC) equal to RM10 ane What is the total cost when the firm wants to maximise profit in the short-r AC MC MR=AR=P=D AC Output MR = AR=P=D
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Price (RM)
Pi
A
Harga (RM)
CA
Assume price (P₁) equal to RM12, the average cost (AC) equal to RM10 and the quantity is 10 units.
What is the total cost when the firm wants to maximise profit in the short-run?
AC
y
RM20
MC
RM100
B
Q
RM120
AC
MR=AR=P=D
Output
Andaikan harga (P₁) bersamaan dengan RM12, kos purata (AC) bersamaan dengan RM10 dan kuantiti adalah 10 unit.
Apakah jumlah kos apabila firma ingin memaksimumkan keuntungan dalam jangka pendek?
MR AR P= D
Output
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