Specify where each successive unit will be produced

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Reference no: EM1313449

Q1. Over the past year price inflation has been 10% but the price of a used Ford Escort has fallen from $6,000 to $5,000. The real price of a Ford Escort has fallen

Q2. Lin's fortune cookies are identical to the fortune cookies made by dozens of other firms also there is free entry in the fortune cookie market. Buyers also sellers are well informed about prices.

Q3. a monopolist operates in plant1 also plant2.the marginal cost of the two firms are;MC1=120-15q+3q2 also Mc2=90-26q+9q2. Calculate the over all MC for the 1st 10 units of output also Specify where each successive unit will be produced?

Reference no: EM1313449

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