You Own Four Firms That Produce Different Products

question 243

Essay

You own four firms that produce different products.The following table summarizes the conditions in each firm.After calculating the missing numbers for each firm,choose a decision for each firm from among the following four decisions,and explain how you reached each particular decision.
(a)continue producing the same output level
(b)shut down
(c)increase output
(d)decrease output $$\begin{array} { | c | c | c | c | c | c | c | c | c | } \hline \text { Firm } & \text { P } & \text { MR } & \text { TR } & \text { Q } & \text { TC } & \text { MC } & \text { ATC } & \text { AVC } \\\hline \text { A } & 11 & 8 & & 20 & 200 & 5 & & 9 \\\hline \text { B } & 3 & 1 & & 100 & & 1.5 & 2.5 & 2 \\\hline \text { C } & 4 & 2 & 200 & & & 2 & 7 & 5 \\\hline \text { D } & 8 & 5 & & 10 & 70 & 5 & & 6 \\\hline\end{array}$$

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White House Staff

Employees of the White House Office who directly support and advise the President of the United States, including senior advisors, assistants, and other officials.

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White House Staff

Employees of the White House Office who directly support and advise the President of the United States, including senior aides, advisors, and support staff.