Page 6 - H. A Producer's equilibrium
P. 6
2 20 42
3 20 60
4 20 76
5 20 96
6 20 120
9. Find out the equilibrium level of the output,
Output MR TC
1 8 6
2 6 11
3 4 15
4 2 18
5 0 23
10. Find out profit maximising output.
Output AR AC
1 10 4
2 9.5 4.5
3 9.0 5.0
4 85 5.5
5 8.0 6.0
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