firm gets abnormal profit? 2- based on your answer in question one, what is the amount of total revenue? 3- based on your answer in question one, what is the

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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1-At which point the firm gets abnormal profit? 2- based on your answer in question one, what is the amount of total revenue? 3- based on your answer in question one, what is the amount of abnormal profit? 4-Find the value of Average Fixed cost at Q=100 5- Determine the shutdown point?
MC
MR
$30
ATC
AVC
20
15
75
Output
80
100
Dollars
Transcribed Image Text:MC MR $30 ATC AVC 20 15 75 Output 80 100 Dollars
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