Australia and the US have external economies in the
production of ships. Australia’s Average cost is AC = 96/(Q+8) and
the US average cost is AC = 100/(Q+8). The demand for ships is the
same in Australia and the US, it is Q= 12–P. Under autarchy, what
is the quantity produced in the US?
Australia and the US have external economies in the production of ships. Australia’s Average cost is AC = 96/(Q+8) and t
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
Australia and the US have external economies in the production of ships. Australia’s Average cost is AC = 96/(Q+8) and t
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!