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CA(NA) = 1000 + 10 NA² Ca(N₂) = 2000 + 20*Ng², where N₁ is the number of bikes produced in factory A and Ng is the number bikes produced in factory B. a) If the firm is going to produce a total of N bikes, what fraction of these bikes should it produce at factory A and what fraction should it produce at factory B in order to minimize costs? You can assume that the firm has to pay any fixed costs associated with a factory even if it produces zero bikes at that factory. Derive an expression C(N) giving the total costs of producing N bikes assuming the firm divides output between the factories in the optimal way. b) c) Find the firm's supply function, N(p), assuming that the industry for electric bikes is perfectly competitive.
Task 3: A firm has two different factories that it can use to produce electric bikes, factory A and factory B. The total cost and marginal cost functions for these two factories are given by: CA(NA)= A) = 1000 +10°N₂² Ca(Na) = 2000 + 20°Ng², where N is the number of bikes produced in factory A and Ng is the number bikes produced in factory B. + ve 770 Angielski (USA) Podpowiedzi tekstu: Wiączone 100% Dopasuj Prze