Conigan Box Company Produces Cardboard Boxes That Are Sold in Bundles

question 118

Essay

Conigan Box Company produces cardboard boxes that are sold in bundles of 1000 boxes. The market is highly competitive, with boxes currently selling for $100 per thousand. Conigan's total and marginal cost curves are:
TC = 3,000,000 + 0.001Q²
MC = 0.002Q
where Q is measured in thousand box bundles per year.
a. Calculate Conigan's profit maximizing quantity. Is the firm earning a profit?
b. Analyze Conigan's position in terms of the shutdown condition. Should Conigan operate or shut down in the short run?

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Appointment

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An event that repeats at defined intervals (e.g., daily, weekly, monthly) in calendars or scheduling software, helping to track regular appointments or activities.

Show As

A feature in calendaring and scheduling software allowing users to mark how their status should be displayed during an event (e.g., busy, available).

Recurring Event

An event that repeats at regular intervals over a period of time.