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S Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is
Posted: Wed Jul 06, 2022 6:17 pm
by answerhappygod
- S Karen Runs A Print Shop That Makes Posters For Large Companies It Is A Very Competitive Business The Market Price Is 1 (22.57 KiB) Viewed 13 times
S Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently $1 per poster. She has fixed costs of $500. Her variable costs are $1,800 for the first thousand posters, $1,500 for the second thousand, and then $900 for each additional thousand posters. Instructions: Round your answers to 3 decimal places. a. What is her AFC per poster (not per thousand!) if she prints 1,000 posters? $ What if she prints 2,000 posters? $[ What if she prints 10,000 posters? $[ b. What is her ATC per poster if she prints 1,000? What if she prints 2,000? $[ What if she prints 10.000? $ c. If the market price fell to 85 cents per poster, would there be any output level at which Karen would not shut down production immediately? (Click to select t