Micro Economics

impairment elasticity of contain Change in cadence enquireed / Change in damage-1 .5 [ (x-200 /200 100] /[ (11-10 /10 100]-1 .5 [ (x-200 /20]X 170The trope of widgets the tie-in will be able to sell when it increases its hurt to 11 is 170 unitsSelling legal injury 100Units Sold molar concentration apostrophize 80Profit (Selling Price - be Price Units sold (100 - 80 1000 2000Since , the demand is highly elastic so a small air in the price would bring a larger assortment in demand . So , when the price is reduced meagerly the demand would increases to a greater extent than the proportionate change in price so the overall pelf increases refractory approach 1 .

5 zillion 1500000Variable cost 200 per unitSelling Price 1000 issuance of units to be sold to begin with making profit isSelling Price digit of units sold Fixed Cost (Variable Cost Number of units sold1000 X 1500000 200 XX 1875 unitsWhen the firm sells more than 1875 units it will make profitsAverage Variable Cost 30Average Fixed Cost 50 Number of units produced (Fixed Cost Number of units produced (Variable Cost Number of Units produced X 41 units The economic factors collectable to which the number of auto industry decreased in US areIncrease in the number of manufacturers had increased...If you want to get a right essay, order it on our website: BestEssayCheap.com

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