Economics Study Material and Solved Assignments

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Economics
9/3/2019
(Student Name

Table of Contents
Question 1........................................................................................................................................2
(A)................................................................................................................................................2
(B)................................................................................................................................................2
(C)................................................................................................................................................2
(D)................................................................................................................................................3
(E).................................................................................................................................................4
(F).................................................................................................................................................4
Question...........................................................................................................................................5
A).................................................................................................................................................5
B)..................................................................................................................................................5
(C)................................................................................................................................................5
1)...............................................................................................................................................5
2)...............................................................................................................................................5
3)...............................................................................................................................................6
4)...............................................................................................................................................6
Question 3........................................................................................................................................6
(a).................................................................................................................................................6
(b).................................................................................................................................................6
C)..................................................................................................................................................6
ECONOMICS 1

(D)................................................................................................................................................6
(E).................................................................................................................................................6
(F).................................................................................................................................................7
Question 4........................................................................................................................................7
a)...................................................................................................................................................7
1)...............................................................................................................................................7
2)...............................................................................................................................................7
3)...............................................................................................................................................7
B)..................................................................................................................................................7
1)...............................................................................................................................................7
2)...............................................................................................................................................7
3)...............................................................................................................................................7
References........................................................................................................................................8
ECONOMICS 2

Question 1
(A)
Output per
day
Total
Cost TR$ ATC$ MR$ MC$ Profit$
0 20 0 10 -20
1 32 10 32 10 12 -22
2 37 20 18.5 10 5 -17
3 48 30 16 10 11 -18
4 61 40 15.25 10 13 -21
5 75 50 15 10 14 -25
6 92 60
15.3333
3 10 17 -32
7 113 70
16.1428
6 10 21 -43
8 136 80 17 10 23 -56
ECONOMICS 3