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linda_us
linda_us, Master's Degree
Category: Multiple Problems
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Given the following information, answer the following questions.

Resolved Question:

Given the following information, answer the following questions.
TR = $3Q
TC = $1,500 + $2Q

a. What is the break-even level of output?

b. If the firm sells 1,300 units, what are its earnings or losses?

c. If sales rise to 2,000 units, what are the firm's earnings or losses?

d. If the total cost equation were
TC = $2,000 + $1.80Q,
what happens to the break-even level of output units?
Submitted: 4 years ago.
Category: Multiple Problems
Expert:  linda_us replied 4 years ago.
Thanks for requesting me.

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Linda
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