Australia and the US have external economies in the production of ships. Australia’s Average cost is AC = 96/(Q+8) and t
Posted: Thu May 26, 2022 7:39 am
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?
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?