As an economist advise if it is rationally possible to take the action or not to take the action in each of the followin
Posted: Thu Apr 28, 2022 11:50 am
As an economist advise if it is rationally possible to take the action or not to take the action in each of the following cases:
# Take the action (1) not to take the action (2)
the company wants to increase the quantity when its MC = 4 and its MR = 10 (2 mark)
the company wants to innovation something to decrease the ATC to survive longer in the market (2 mark)
the comapny wants to control the price in a perfect competition market (2 mark)
the company wants to increase the networking to grow its profits (2 mark)
the company wants to lower down its fixed cost per unit by producing more quantity (2 mark)
Total = 10 marks
# Take the action (1) not to take the action (2)
the company wants to increase the quantity when its MC = 4 and its MR = 10 (2 mark)
the company wants to innovation something to decrease the ATC to survive longer in the market (2 mark)
the comapny wants to control the price in a perfect competition market (2 mark)
the company wants to increase the networking to grow its profits (2 mark)
the company wants to lower down its fixed cost per unit by producing more quantity (2 mark)
Total = 10 marks