Suppose ve construction companies have the ability to buld a tactory overnseas to produce a manudactured good The marginal cost of bulding a factory for each construction company is shown in the table below Producer Company 1 Company 2 Company 3 Company 4 Company 5 Marginal Cost $1.000.000 $1.250.000 $1.300.000 $1.350 000 $1.500 000 the market price of an overseas facory is S1.425.000, what is the surplus for these fe companies? Producer sr is (Enter your response aawhole number)

Suppose ve construction companies have the ability to buld a tactory overnseas to produce a manudactured good The marginal cost of bulding a factory for each construction company is shown in the table below Producer Company 1 Company 2 Company 3 Company 4 Company 5 Marginal Cost $1.000.000 $1.250.000 $1.300.000 $1.350 000 $1.500 000 the market price of an overseas facory is S1.425.000, what is the surplus for these fe companies? Producer sr is (Enter your response aawhole number)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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