What is the value of x? 100 300 1,000 2,000

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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In the following table, "I" stands for the amount of a particular variable input. Assume the
model of perfect competition.
1
4
7.6
What is the value of x?
100
300
1,000
Output
10
16
2,000
TFC
100
W
TVC
200
Z
TC
X
у
MC
-
30
Transcribed Image Text:In the following table, "I" stands for the amount of a particular variable input. Assume the model of perfect competition. 1 4 7.6 What is the value of x? 100 300 1,000 Output 10 16 2,000 TFC 100 W TVC 200 Z TC X у MC - 30
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