Question

add the rational number.
-2 and 5/100​

Answer 1

Step-by-step explanation:

-2+5/100

-2+1/20

-40+1/20

-39/20

or

-1.95

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Answer 2

Step-by-step explanation:

Consider a perfectly competitive market populated by identical firms. A firm's cost function is

given as C = 160q - 3q2 + 0.4q3 + 300. The average cost of the firm becomes the minimum when

it produces 8. The market supply function is Q = 2p - 130 and the market demand function is

Q = -p + 350.

(a) What will the rm do in the short run? Draw two diagrams; one for the market and the

other for an firm. In the second diagram ensure to include MR, MC, AC, and AVC curves, and

indicate the area for the profit in case the rm decides to produce. Be as spefic as possible.