ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
Given the production and cost
schedule for Laso Factory for tapes.lf
the market price is 8 $, how many
units should the firm produce to
attain a profit per unit of 4.8$ *
Total
Total
Capital Labor
Production
Cost
10
$300
10
10
135
$810
10
15
210
$1,008
10
20
300
$1,200
10
25
425
$1,360
10
30
520
$1,716
10
35
610
$2,257
10
40
680
$3,400
Q=300
Q=135
Q=425
Q=210
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Transcribed Image Text:Given the production and cost schedule for Laso Factory for tapes.lf the market price is 8 $, how many units should the firm produce to attain a profit per unit of 4.8$ * Total Total Capital Labor Production Cost 10 $300 10 10 135 $810 10 15 210 $1,008 10 20 300 $1,200 10 25 425 $1,360 10 30 520 $1,716 10 35 610 $2,257 10 40 680 $3,400 Q=300 Q=135 Q=425 Q=210
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