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Micro

first semester

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Sakshi Tiwari
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0% found this document useful (0 votes)
59 views27 pages

Micro

first semester

Uploaded by

Sakshi Tiwari
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
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MicRoEconomics NOSES pli AssiGNMENT Qi Te Avene { tronowsfes Jos both. peste priate et? DBowws Hh stotemnat + wD RO ay te : <> And Yes, S tho sctemce economid Aas both ae mw k pestifve aspect”? (peste economics BD Seohiarto ~~ otto one useich Ja Limited fo couse on tes PS relatfonship ~ Bu the that hand » adi ve > 5 se ~ > ~ ~~ ~~ ~~ ~» » ~~ ww ~~ wv eo aim) at examining pool economie evenls Y amoral and onal potdt few. dt 2s una to jae i aro dorttiarble % act. about the uhecthor tha econerua while paiitfoe economics fs bosed on arts 6 nu Neoatfve economid is vi fu economirs pov soutien based en valid + Paftive econo elena sce urhoxons gy wagetive economics enblains K Pat chadd be wr 2, Sxplosn sho Te 4 miorio % mackteensnomc . + Micxo economics studies * Macweronomicr vfudiis fndPoidual economic unith, | a natten economy ad well + Mlaoesenomlct frdmorilyclal] O& HH verdous aaipgalis wh, Prdfvidialleg soome , cabal * Macroeconomics 3s tho pla gayle, OT] a apa ies sulbul , income as os S BR dows on avptsndu prsagpilybeuses on me dys uoritownd +he Frsurr Like ea nepal bor ond dial house A irin oto uncer. saad ory BAU «ihe palmar ary comp hat * to ieee. Fi meocegromic an oy . eae: along Ske 4ho domand fs Lf vl pe Acbbly of 3 Tafa nations econorhy ° Sonal, ig) pain Be tash MieRo- Evonomics | Seta at SIGNMENTS Q dow damand dausnward 2 ae x 40 aa nt and cusure Alofies a ha suasons behind tre Jaw of ortonge Oo Rictian Genesee acon FE Be price bude 4 a ay et rua Sncone f JB comumou invworer fh toms © Cornmodi An other words, ray Tad CUT, Socom 0 ahnce aw xagubiad to Lass outs lice Sh be panae Leesan te Aceordins be aE economic fas0 én yar hn ee let ay Lash Lee | sees domand (er goo ls ke sexutces Fan gab lS with ed pues put Aho thowose ‘ane on account Ayo LD Pal Beane | cabled. Znceme ch. W. Substitutfon Bie oe , a& commodt | St become ochaabex co ete 4o TK substi Miao pcp xemnarn) ck _ én athor words, of a comsmodt alls, pica of ih Be Mehiled seer or dan, its abbititalts become ‘salastiiely costlier .Corsepunt rT sotlonal contumut tend to subs oe | costlier ones wtih the roma do wid 900 ey where demand truoawes Bae dh Om | income - othon ih ess Crapdemriel sac poe vidi ban Sia] cory fark Jpowaye fe ed account of is bclon bone abe substitution ofict ¥ He sng Mogial UIP it dong ANG | rel mn Hl reg ae and take comimodd b, whine hd, no commod a he heh. argu! AD money tneoma, continuts al uit aA faction « 4 ae Fil Uy My Ha t lo BP at ee (Mums) ts foal ten hdl rodihy (MU a Comyn re im) ¢ ae Mac» = wrth ite fed 40 maiming h d DS Conseguardi ly , olemand! yor a ‘cea ey, a when th pe poll as —> fain et oa TS > The tdew Mb Sirind 3 one of the fe nclarnarital ae = of economich, Tho low of comand , However , oe) nel > apply Jo the following Case > => ’ ees poy (tio: pede a fet > whan the cert or hull of an them, product, or soutiee > Anewases, and thd cconoméc, AMuadeens owe such thal > pa cane on Zoids an becoma eas cok + dn ouch > Codes y puxchaws mi purchase ot gHe nount of ; ae a abhotalt ahs sis Thvefos, ; thee 24a. drop uh pales 01 vlbel oo onarell tno end eek comiumou m dale, OL Bees: fem tho add ages 4 ue Hi pa Anifally fropod oy ah (bod economirh, dhapeas on oni sterce ONOMICS . ; A Sawats 7 = Ne 6 het douifcty cement Sy I ‘ype 4 al th lage oh a Ts > Vales { damand Be defined — vup or iy te pty donde 2 “Wa ee chan ' ol hall salated ee Thi wee, ion i Oscesd elartics Gia fslasticly , Sneome cll C= fe chor sin Suan. demanded, op change to yoteble 1 Price tidy f Rem roe latent (Ped ox Ep) a maodied and tp economics to. show the: onaruenas , OC ahoatid ty, hg yo demanded ¥ 2. ee soo et pie. vos change A domondeot ir ale rary toa talon plat lg Th pet [holeling conta the other distosenin ont as , Such ab ae ae Roefortionale SD cae x Ehy « Prep oxttonalt | change ip pee comm, X " ie pee Pe of Berand. 2 46 meounrwa tho eloped. demand caussel i deca, Gye D vor cus hs lard ad Ey log get saa se = cud » i Ge teal dal oo normal eg jor ft season Joules fn the dame’ olirection as Ancor. ae infor do theome ooh AGT Glue at e in oppor olirections . F di he orman. aad ces / ch peerce as Jy damand for a yada good 2 Me pola un an ak: phe d. ood C can bi eomplonsrt Ty, / iy ee na yn th dhe a xolated Ty 5 eT ities act cry aS at sa en the CRs pet Cross we pt dace a “KR ote tn CxeAg ‘yoas Oloattelty oan ‘bitty a aoe Poshiive Hos elasticity means O/that “the goodl oho wubt tae geod Crows doafity of Aemand. or Xk 1 cle esnn dx e Freesat cekage in oe 4 = Qa enna tos tly J. ote Boa meade used > Gui Ste demand B ccomonis uit olacticily ¢f 2 oe qin oper ‘hy a? Be ete a oS a ae “be 4 F wale \ , — (fer of f ‘one , ox olanticity » & thy quay fy, vila, plaice Moet woe quantity de andied tp Sa 9 cordage ohare th, ty ei a ont pore change in puliea [ hetcling eonttant a ihr dulecminants Bl Gomand', wach af shome J “> Rica Clostitly oj Bard > Rupert ¢ chonge in puoechases x Pasportonal: 07g ohonge 2 ee q ~ “Dep a Datel 6 Rex Remandl sole, to th Toe altuadion usher ates 13! Re Elastfe Demand ee dora vs anki ake ot the aval te dt ab a Siudion cht “the gta foie! ad causes the qpartits , demand, oft tha nodiity youll ir ZO» col VU Sag a at sto a. dtualion wo ahany “un px : ae em 7 Dh the she goanlily clomandad. Avena pipes mee ~~ pe does nl snpor qportiy demanded =a] DP) 3, Ua Lsborti £ aio’ [E=6] Lg) al omens it Coal " qpantit damon to change Sh CE a the cena ai aan oak ant fhe i won bendituxs ~ chon 2 in gros Si iiunlid a o d Poti 4 dumand Ph gulf argon snare tei] 4 pearly Slustic Semand — Hernand mage than unitory Casha See ushen change tn quantity demande suspenseto Yo ‘ Wis Seon B auch that (etl on pis oo olity Lrereases yin dhe peice deorcar h : Lat csfian pee thowwases i shart of change pasts olemanded ‘ale than 7+ ony pre : 5 desk than Un? iD guaritty comanded fn susponse +o ch commodity & duchthat total o pe fol , Tron pubeo siises havc +) oh nye quantily clomandeol day Htan, 7: 7 dn pele feeq) Sepostance (Béce (iin blak, Seoard ational 2 dn oxdar-to bs of the geods fo Apiriontieie aha posted ts te posthed al tae dana fn oth the st 4) rand a auch lA, F eal may pioduel with Talos aed Hotel, re laerbec lox ‘aueh veh od ch the dmpording pe oe 1 elastic Hin thy orbs cobrtiy ust re fo uber we 2G fay 2. Roxmulation Rxmulation Kevewmunt Flea: pmo Se oan | eng Poe veal f eh ef er 1 wetows if we a dna sistatd hla per r,. ra sith oe nls usth doit ay othe uew elastic damar Ah aaey “oe abi a pcs to ba rea a gf pw fa i 4 iH at roid J oy p ering ymand gor ou ticul ra ato Shun best albhet pm Mt Beahtons Beciions of Monpolit? fl menshelfit contdva tho nitive fo Ath product Ls dlostic. ana Tee i oprtce of fis produc bs 4 oi > bh tic nt Bu price is cok - MICROECONOMICS p gsiciMENT folastictty o Remand i vf 4 ole J. o0ds andehiny F of demand 2 of three typo 3 mond Kemand Semand it ity. hues, elasticity of olamand th a howeertage change Jn on commodity L qo a Glu } itis ange dh Yony of th quintitative cutoumnaAb « Ga, whet do maan by bly 2 fh Gn duteil obout ie Fd escape nth w 6) GRomas , “ the bbly ol goods the yor Yala Jin a anh dh de at agivn ry 2 d } oconomic concept hott loses bes the Yea that 33 owailable +0 4,5 ; at vox ous PHU dubbly 2 a Yundame Qy.0un tire aeueeeedendeeddd unt Wa 4bedkic geod Mw yt cot deat do-tha amount ova lable ata unt andlable aco a o.nge 4 » abe fe ec poder ‘onthe amou Jpsleas 3] displayed om o a 4n he uonds of Rooley the Laur of dubpl atote thot athyn tring) béing equal Hu Nghwr g the bi the Ae qvontity dup Hind ov Lower the pon the Amablurthe y ond wupplied,” law of dybply olppicls che change tn Thy putes goed Subd, the ‘wip 4a. profit bec of the Atghu yelatioyhip bl got ey sduypple SF f Tut boducort behowtewt at tre Lime ef odds M Uouwtees. when the ples Por gawd FAL Ww pl tn oolur to carn seed. by shirt the Low d = > Wt plepe of the wubpl, ulcer andl. Si-the season fei the’ epuverial Ps of wits Sea T cwwe. Q Qe °. f g pe Kak , Os. why clo aurand canoe gos door farrviourty AJ Out ot @ The dows of Serrand stots rat) otter ttudys being TET on bul 10h clamand Yor a good enclanold sth a yall Bn Eiukt aise a anda eo.” wath a site 2p peo, Twa 2s an inveae sabe pice 4 she contmodiy and wb qpoty dom. . LiL 3 Ou, Riseuss Gh datas! about the Low» of cured. A = ‘§ oe oa pr tam of omar a ¢ %) oconomics ~.s Che Low of climand 2 a Janolomnartad conept uD ex athat olefins ‘the comand. artd uupbly of products among custémons & companied. St half compan cid ths pide for shutr products , fells can Yeluitity thd olrmnand for good te pues Aish and clko 4 the ple Mh [8 2 e 2 e < ¢ é< é ‘ Micko ECONOMICS OAS Eans the Byte. se Assan ys, —, . Qibouss Gallbe cpbthe cipoalnsbe naffianle casey SS By A comumo void be Uh an @ 2 Uibsdum state eaten eae Ay feels that Ao can't change his dttuolion eithwe by > earning maxed Or spendii ee the no. Ai he ba Sy buitfor ht cons wil) pusichose a |, mM up"4o tha botnt wha the pl ‘the commodity ict SP RRRERELETA mnerrpprppPrPprPpe dd ei Je tom Fee one 4 trod ‘het 4 Consumo opti bsdum Jnoans a Stale of manirrum Aedtiafacton __Hpsadasse| Sodffoures Cuye Sndifgoonct cwwe 2 a chord shourng vasious combinations ee ds ot commodities-that tho consumott 29) die spall ast fed — hance indifpounl - whan ttcoms to havi Ss Pnottien blu» two items that is shown Sid cons dusorihe -he ptr whore indi ee eT noua. Cprgoie cect ¢ prkcteond Ge Sppically 7 indliffoance euees axe shousn coment To the px dnd No too sholifforunce ewruves ewer Lolevucel, Qa. in - c) Conbrackion be Ayainulrn Jo ub - Contraction . Corbiaction dn wef to all ib dhe We pao? uptake commodity enty dur to a 2. Conhoction takes dug toa dn poke. All athon Jodo ox at ot Ni sel a commodity, movement ee, othe stam a eh showe by a downward upbly: wwe aupply Jujera +o sdae tn the bo Sau Rx antion 1, Rap anston ah fa caramedy only out +o a Se me sein py fakes place ow clue to a sxiae th ahs 5 a Rapansiion ar subi actors ark eet id have no affect on the & othor pa pies, ni commodity. : se ae by an Mle oko ‘movernont gions the dame wubb, ~ G my Rae. & dlocraase Ln > na dnoxeaae puree ly ied ta dame rT re * 9 Sieuns tn ably ‘kas lace ploce ous ts “fawowrable chanye wie aan aie pu. She pat the peop pod PS BS 2 3. Snoxtorw In 2s chown bya whi cure ast ae brat lep aoa cael cet ee wip ot ame kl Son takes Jha a eae sca eden bere ve & o eis pe ee: oot ei ba im Dat aquil? bytun By in 5 fovitienty whwn mmaesioah Thy | EN ey ES expenditure on each eae i sort . Baa | Comb? aac doe mee oy n prune otis ies SS bine, equal tothe 1a fn 0) — ° Paniiopdsuline gal hy a “Ty, Paget MUe = Mu, _ os nd Hox OTS he cor MUe = nee npn ‘ rafal unity = oe cs Mz = Sina aaa goods’ x FD tin af mae P= “Bok gout od cai “ iLiAod “IMPORTANCE * Audidl ae ee inthe | ed production . A ee TS cue ee pectic Junot | ae anaximum ppt =D conclin 2 his Lowy ta helbful oxehonge . iesteceen ari SPS osted sete Acme. pel todt, Empat ty export SP fn tte 3: SL a oppliable-o publl: fiance we 4, Tho tour 2s iuflifon world Sn allocaliy tte fine oo the Sher 2S J Smale ch in cast of waving sponding . tS cing 6. ob iy fe Ape yor wicbstitucion a el JUAL. pa det Ma ihe lao at applicable kn coke ky oy Spameeia teehee She , fit tu nat of Sle ea bn cas. 3, This Law 2 not pall fc a reo , how 2 no meas lvmont werent 4 ae Not all customer care Jor vad The Law oils whan muir ee hoettebhaiae te os Tho 21h 2 case of proguont ica ch a HH come gta carat hotough Saif exon pur which shows U/foank chy dm ind ferurice awe Ls a eH we Hf ) two com amodi Hes opelivg opal otiafa chien Spa Yio = ~h the cons untey. 2 cdecording to tno life fexence Owe analyst, eonumud We J on tho same dnd wer bfur all “bundles of He goods hy yoy a o nonce aa ad thoy give tha Jam d ho ae dndf, fe 7 Wy “Me Contamoe preslerd anort of bsth gqoools by warils foscach me Con on higher ndifeand cow? . fw i cltore Poe rat the Tho dimard eouwe that sorta: a cout b quand alacan did can be obtained udilisafon ho incl li fferanct wut wAccarcling Db “Ke parka he pag NS Ws Ys Be ot iol TS ¢ Mi ltiabok rs BAY ee pat re Be duced erp PH: Tt ©. L~ ww” 4 ier eae & aupply on ek > ia d's a is ia np hy Petlm ie 3 aA defen of rravket ‘toil 7 masket duuphly 2 es es rt alomand \fer a commedit Fatho maxkit-. ey aad ai eee ea Se [bers in the market, > fn arr ee fe cae kot d market domand are x Death mM A) Phoxe ant ne do sitar ced a 2» Ubon fh buenand pesarnen dacicett 2 un) s 5 to: tuota tn cpeend 3 at hon Pb ia ith pider will die be eguilibslum quantity oslf Incczads . 8) Show oxt Scares yer drome tn comand b aupbly i, UShen, Tnowore vA demand 4 oguol the ulfbssem Che wil) rowose but tho be no ch an epee a ee Jone in demand $3 mote than inoctass ip stubby 2s an Snoxase Jp epuilfbutum peo aswell as 4 bal Hpouout in quot rau Acte adn tek 3. when Snvwowe sh damand i» foss-than in owas un Hhwe an tp vase eguilibniuun prloo b equilibrium y gat SPPPLIPPL PTD DS PL PP ppp PPP ppp pe Economics CREO ONS SSIGANMENT SSSI a. wees BD production \unction Q Aartlaln otsun oe wunctfon bri tty ne Sol i Se ital aickon ucla ives supletion technolo Heol Ti bf ae a physical Snpul and ponies output and tal According to Watton, “ he yalotfon bl a pluie = produe Mm ( (ouifut) and th matertal elt ft peoduclion (input) % safroud fo ab production Yuncl Swort-Run Ropvction Foncon oie ae ee Abort- fun Da Pe Jn whieh the eudput con be focal by Snow oxing the Sn of ome, voPable \ ee dn tty shod yeien ed fa fe Leon conuta vaxfabble | cuclou Gon, Ee ee ee Re actor and tu other fh vaddiable than hs ‘on card be eae Hee, Qx = Output fatale yy = dabour, ra ia Capitol, a finced Yectart fun Jba berdod dn ushich the the eutpub can be Jno: a ay oe eters ee oll tha faclors Sm ada variable ~and ne cs change eau, For JAB, whan both me cs ee lianen ayaa oe : all Qx= 1(2,K) oa Hoe, Gx = Suit of Commodily- x z IN d= dabowr vasdable: voclon 5 Capitol , a vasioble ‘Yaclor -suun junction, the ouput con be Prod by » tho “bptiation qv vouvoble \poctord fe, labour’ SWS (2, odn & Glduaticle the Law of Eran es irs perettorn RRS auth ja vol what are tho ass mp Hors of “this Law 2 TNS is Saud Hi TWD 1 ‘a9 vosdoble propo Fors statis thal os Ho quonll Wy 4 Yost house ule Koop tho ofan Jack OA o7 T tok 4 nodal {bu th owas wilh an Breooding Kale thos total 0. fo Piha aera sot U thon obirnintshes . UDP sar Vosabl Bcpodion - FS So Si im ¥S ! Stage - Hee, TPBut frowanes wht an Inswosing vals but MP KA ala Snowased upto a estan Saved Sn the howe hore Jo betes: utilization i000 Yolo, dnoxaast off jency vasFable Jartous b Lodi tars Baty a pad rs Yectou ut sexforuble foy tho auth . We Stoge I - Juve TP Soe aks uth tha ating node > pedi man Ie ‘and. AP both dtascts “0 Jol, The sdoson lo the Aiminishing sutwun od Jactou aru ol wi > conbtaakfort 4 Yoctou Hperocl wubstadD , a Ww. Stage TIL - Mose Pouducel Y MP bece —— omnes nigectives aah AP a alho fap bud in Rake ho Moston fei Ind to 4 Tey Gates fi ms jos es J obras Sa amis ay uv (fod mo é Moually epiency of vod able oto » AssomProns ] Wwnnrrmrs> if penal) - he ath focknology DB oaiumd | ‘to bea Aven lanl conta 4 thos aD MM umpxovement hog ae Sn -ecnolaya the production yunetion wil pete ii f dou preforiions oa vardable 71 schol 7 a ipamel ren a fied pete os oO a) iH iu 4 Yolo of product an ante be "combi Ltd ho Pb iD 3. Hop tu 1 Pat eth, abs aa oN aE i gualily and amount wi pig GD oe Snow Guakpy Oo (yy 7 : 3 | s Mol § Le { ci A MIB NENG oe Sho Bee eres uni of vandal apa ome po as. pte 4 nt woth the help of a dol Fon salu to lk sf tots chant oa pit Ob all Yactor ohi tha ume profstfon Qirns to dealo soletus tp behaviour of ‘otal outbul a0 al = inputs ono yoxfed and 3.4 Lon’ ry Sua: < es os cle soar typo: mr | 1, dnextaastng Retwuy-to Seobe - st @ aiuctren ul, Pere Cra bh 4 nes ay Jhowanrd , cutt se ky at ahi soll a Snpub ova , ouput wil) os Meh goats RaW ‘ deuble . Peet bo Spun sutwwtn to) Aca Tah INVWOLL BD olurto mony suasond Sik yfuBrond, external Pac . ss te < oh “—e : g & ¥ nef Laban uc pita al Pa = yeoaluction te SS Tp op 24 o© ininistan Acale ~ St sto tha ae i ins Aituadion, whos Aheytinppelov fog} out putt : }. ppt area decblad, oh a wmollin propetion: dH Roney 3 i ped be cca than. geenieds fee TNS iis Visa \e f > Sih Gay af hoboun b & 3. Constant Raoul Seale — | tt scale stothe ben ARG ATARI evn ul uotie!h anpait oul uit — Beat the ots as a a iio puoduelt tems, delves ct dit mated pe ‘also Sony al reap Y > ‘Le i» Le ~» ~~ > =" we wo oe o < ig 6 e a) a eh a oe Os Ol, : A A 19) al U Uni ef she appre | Vj , ° Tehisiaa be + , C fa me 5 : AssleytENT o optimal 2 ; datexrtina ee er : id ce pial Snput combination 2 that Input combination wate mandrnizes oust given -jho. cout acad by the es PS bind Hu combination, we find ho point usa Tho fiom’ Lapquaint ! D tangent to the Sroced? cwswe. shin Hath cabitall UV Lobeur ase vastable datouirung 370, , 7 optinn tal {capital and Jobewe agiido tha technical le sho *podudion junction 7.2. ctu Qoquart colnbinid ost market i. em jk Cd Je. te Wooo fhe Doquant cuwe asl combartls Wy buainzsiel ip mocking oot 4o thw ranifactinang opuations fo product Ae m at tho most /minfrad ooh, gih'ay To 2 quant owe dam onatreates the being fthemargna’ vol a eae dubstfiudtten, mbes ah ee ater ih { gfiud coat, vartable cost, Tata cont "yy Miodinal cost, Perotbe tht ntexsolodiorthip too 2 TT ) & ony 7 GUUbticved CUTE 4 : Fo aoa cat thot do nak seat acho At oadl +o ow the wou as Nol sen achange Te whan duotaaas. dn dhe quardthy. ot fyeodld prod Fo Seaton as sent a rs ve of the famed of > 4 dy Jo ob dhe opst thot Ww vastadionl o/s Be ta A, g dilion Jn a tho vosSoble cotk inouass ob > clochwaneh, d Testa Coat sad) anol vardable c ‘ the cost, dn peonomics , Hu pst A duscthed os the cost that L seapuBusd 40 pradice a I | box unit coat of inclucton ,ushioh 2 calewloled ction by the total no, of uri : eased Che amourt xf hnousy oustnada viens Safed ate 1 usibt dP oudpaley SE a Yundamantad aot A ldamanal and dup Bl Shak th thd oh CU. Marginal Cost” dt sufos to an Lier taal aie elie buoduction duo to a Jn dhe g ward the doatiecl oud & bvadabe, Din (aly om sha el Sib det saguired to prodinch o1 io, additiorol unl) x2 product Lewin, Tntooulationship ‘the ! of a busbress. <2 cor ud of vosdablo sJabl cots , 2 Axo costs \ Vert alot cout raat muninal cost of production ia i vordable oath eniht » he shoxginal, ui of production the change ty the dotall cot unt peo duction, fovel Sho. c. fe ae tay hie C19 lane on one mod unit of 4ye geod, St ty uaifll 5p @pes hath ‘ oe : wt > Conon G3, Desoto the vedas You obfedting he boca oft — i 3 2) lily ao i = fait at which a ustnaSs can achi ee > . Cs i A omeYadord ke drath t 5 iol o anailabil: 1 disposal gates indy (ea dyed ate es ~ Jn fhuanen coca Javels 4 an Jun w C. Anvocnment, Sotexuertton ek Jie litHibutien “ yoann Dy cts dy orden. nea ee < fru fiavy custo to Bie ed , pbebe Bako cn (Fy br ua eee AsoiGNMENT cenption peehon 2 Asxplodin rey on fl fogs Sumber ye as Ta B voy oh be yng K selbng ie Jn sbuclive 0 H caspottod ait ijiial sasbietiens © and possessing poset Knowlidge f te saat ata ee RatSag Undor Undo Pexect Comb often | on Vou shed tose shod Sra vow shot peved , the dime span ib 40 shot that no ont can er vt, 4t & allo Known aA ee exfod . The Manket poved 4 the stock SI be an howt, a oie 3 days ot even a ea weoks cuperliy upen the notwee ag oduct . foal fox Ex.- pes cous of pedshable stock such ab uv si ish, ob Teal na hoe 2 A pa ay bt ya chalet ol OK Ba =< pe cont be Diend He can be witha Food i ae on must be gold away ony werte git whatever may’ be the Pudce. &, a eo Of oige ie Pie 5 oleh sucutbls 0% Sreome, fra 1 A Ihe tot wa eat fe, ae “ou arid a no, of wrth ad ay ele whew, TR= Qe Shady yt ‘bole _( unt sald) seed 4 P= Vice por unit of oulpu 5 Seas 2. Arenas REVENUE gy oy the savers thal or pp? corns a por ‘ait oath sof, Ghee ore, UL CON + t Hho obenog ; 7 su arde hh pid seover ine Y istth tho toad bi when Snr es L se TS unih aeld, Hone’, w vu AR= TRE shou, AR= Average Reverutt TR= “Total Rovenut Q= Total units sold. > Mongol ee 4 2 the amount 4 coats Si ba = a SNS ee prom the ule of an additional sunt SS Bun swedt ves Nx» Simp im» e [~» a a wv hott a.kbun ration words, 3H 2s the additfonal sx ae that o howe whon an additional untt 2 sofd. Hones, u MR= ATR gy = a - TRa- ushet, MR = Maseginal Rica ATR = Ch fn Total Rovenuo AQ= chi 2p unth sata TKr= “Total Rovere oh n unt TRri= Total Roverue af n-l unilr’ Se E Cuemt Cure Unser Paocl Combeltfon Mavkdt ~~ eed ee rhaikst combelitfen tho oa fosige ae @ small & sollois, Crud, the tim Bs the , a uftuatfon , all the aut oe tus, a earicae constartt bit oun han oe JuWerue COWL Rd a stualght penal on mo, Alo fn thts aftuctien ne TE Arent Cae Under Snboct Corp chien Moka ia B naj Beka ke oar dug te markit ours ditfen maski, Saleen i a. aye S age HOvenut CLOW a Fb acolo sept * = ee 4 bee cud we Db By always belous Hu soa SR oS J ee “at se port , marginal Sroverui2 may al ‘k th ative hon ju val! als e ie Heewever, Averige severe Qa. ‘aa do yb mean shed ‘qu nan Ve Leni fan @ dy Si ey Snot fra poled 2 dp usfiich, ti can't change ell tho ay Fong means Gna cup cart be Sposuased [or dooraud 4g mort [o Ny) of the vaswable Yocton ieoe psy umd thot th shod 5un 0 oe cers # “finn fo vod ei jee, pate {nants yeaa ge eng oe fee coprtal etaat erdod which, ee 1 et oti means ute eee can be ens og rant sch talons cap vost abla % ces i a Riot ae ies Labuan caprial nang ian el go ahaa eels agai production ion B expranted OA = dy rae Wg Beth Lk k aks a con be oye J

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