EC 201 Study Guide - Final Guide: Price Ceiling, Marginal Revenue, Marginal Cost
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Problem set #10 (due friday april 10) marginal revenue. Buist metal sheeting remains the only manufacturer of the once stylish half -round gutters. Still, many people who have this type of gutters prefer to replace the existing style even if it means dealing with a monopolist. for its half-round gutter business, and its marginal costs are per foot. Demand is given below. price quantity (feet) revenues. Council, which imposes a price ceiling of per foot. How many feet will buist choose to sell? subsidized per foot. It is the only employer of these people trained in plucking hairs. The supply curve of trained people is given below. The demand (marginal revenue product) for pluckers is as follows. 5: how many pluckers will be hired, what will be the wage, what will be the vmp, draw a diagram. __________: a good way to charge different prices is to bundle commodities.