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The table below shows the production costs and revenues for Perladangan Jayadiri. TR (RM) MC (RM) MR (RM) 60 Quantity 0 1 2 3 4 5 6 TC (RM) 240 330 410 480 540 610 690 90 100 10 60 120 180 240 300

The table below shows the production costs and revenues for Perladangan Jayadiri. TR (RM) MC (RM) MR (RM) 60 Quantity 0 1 2 3 4 5 6 TC (RM) 240 330 410 480 540 610 690 90 100 10 60 120 180 240 300 360 GO 60 "Со 70 90 Based on the table above, answer the following questions. a) Complete the above table. b) In which market structure is Perladangan Jayadiri operating? Give a reason for your answer c) How much is total fixed cost of Perladangan Jayadiri? 10 What is the profit maximising output and price of Perladangan Jayadiri? How much is the profit at equilibrium? Name the type of profit. Com O post e) f) Using marginal approach, sketch a diagram to show the equilibrium position of Perladangan Jayadiri.

QUESTION 1 The table below shows the production costs and revenues for Perladangan Jayadiri. TR (RM) MC (RM) MR (RM) 60 Quant

Apr 12 2021 View more View Less

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