Question

Units
Variable Cost
1
10
2
19
3
27
4
34
5
40
6
45
51
7
8
58
E
9
66
10
75
On the basis of above table, answer the following questions:
(a)Find the equilibrium output of the firm at a price of Rs 8
(b) What will be the total cost and total revenue of the firm
(C)Find out the profit or loss of the firm.
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Answer 1

Answer:

exchange and consumption.among the various types of resources,