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- SETTINGS Cost Structure Low Cost 200 175 150 125 100 75 50 25 0 MC ATC AVC MR D 20 20 40 60 80 100 120 140 160 180 Quantity (units per month) abcdefghijklmno Quantity 10 Quantity 60 Reset PROFIT CALCULATIONS Market Price (P) $125.00 High Cost Marginal Revenue (MR) $50.00 Marginal Cost (MC) $55.00 Revenue $7,500.00 120 Costs $5,066.67 Profit $2,433.33 Instructions: Make sure the Interactive is set to "Natural Monopoly" on the upper right side of the Graph section. When "Natural Monopoly" is selected, it will have a dark blue background. With the Cost Structure (in the settings section) set to "a" a. What is the profit maximizing quantity? 60 units b. What is the maximum profit that can be earned? $ 2100 With the Cost Structure (in the settings section) set to "e" c. What is the profit maximizing quantity? units d. What is the maximum profit that can be earned? $ Let the Cost Structure remain at "e" e. If the firm decides to produce 80 units (where the average total cost equals demand…For what value of P in the cash flow diagram will render the present worth to be equal 0 at a minimum attractive rate of return (i) of 10%?all subparts please thank you!!
- A graduating senior has been accepted by three uni- versities for an M.S. in engincering. Two criteria have been identified. The first is the program and university's academic ranking. The second is the cost. A third criteria of location was initially consid- ered, but then the student recognized that it is only for about a year, and applications were only made to acceptable schools. The student is currently enrolled in the first university, which is rated as a 5 for aca- demic rank and a 10 for cost. The second is a larger out-of-state public university, which is rated as an 8 for academic rank and a 6 for cost. The third is a prestigious private school, which is rated as a 10 academically and a 3 for its higher cost. (a) What is the total score for each school if the two objectives have the same weight? (b) If academic rank is has a weight of 75%, what is the total score for each school?You just received your midterm exam results andyour professor wrote the following note: “Youreceived a 70 on this exam, the average score. Ifyou want to improve your grade, you should studymore.” Evaluate your professor’s noteFill the Table Total Total Fixed Variable Total Costs Costs Total Average Total Costs Costs $100 $140 $165 $210 $295 $425 $625 Product (TFC) (TVC) $50 $50 $50 $90 $50 $115 $50 $160 $50 $245 $50 $375 $50 $575 1 4 9. Total Total Fixed Variable Total Marginal Total Costs Costs Costs Costs Product (TFC) $50 (TVC) $0 |(TC) $50 (MC) na 1 $50 $50 $50 $50 $50 $100 2 $90 $140 $115 $165 4 $160 $210 $50 $50 $50 $295 $425 $245 6. $375 7 $575 $62 LolcolN 567