Scribd Logo
Upload

Welcome to Scribd!

  • Answer For Question 3

    Uploaded by

    Harizul Fazli
    10 views1 page

    Original Title

    Answer for question 3

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views1 page

    Answer For Question 3

    Uploaded by

    Harizul Fazli

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Answer for question 3

    (a) MR = MC
    P = RM50 Q = 25
    (b) TR = PQ = (RM50)(25) = RM1250
    ATC when Q = 25
    TC = (ATC)(Q) = (RM38)(25) = RM950
    Profit = TR - TC = RM300
    (c ) MR = MC
    P = RM40 Q = 34
    (d) TR = PQ = (RM40)(34) = RM1360
    ATC when Q = 34
    ATC still RM38
    TC = (ATC)(Q) = (RM38)(34) = RM1292
    Profit = TR - TC = RM1360-RM1292=RM68

    You might also like