Fill This Form To Receive Instant Help
Fill This Form To Receive Instant Help
Homework answers / question archive / A winery producers on bulk and economies of scale
A winery producers on bulk and economies of scale. Suppose a typical producer has fixed costs equal to $20 million and marginal costs equal to $1 per liter.
Calculate their average total costs at Q=100,000; Q=500,000 and Q=1,000,000.
A winery producers on bulk and economies of scale. Suppose a typical producer has fixed costs equal to $20 million and marginal costs equal to $1 per liter.
Calculate their average total costs at Q=100,000; Q=500,000 and Q=1,000,000.
