PR Set2 Q4a - 7 $15.00 8 $20.00 9 $24.00 10 $26.00 11...

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Federico Nusymowicz 4) a) There are 2 methods to calculate the supply schedule, one more accurate than the other, if we must assume only whole units of output can be supplied. Method 1: MC table shifted 0.5 units to the right Supply Schedule (Inaccurate) Price Quantity (units) $18.00  1 $16.00  2 $14.00  3 $12.00  4 $10.00  5 $10.00  6 $11.00 
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Unformatted text preview: 7 $15.00 8 $20.00 9 $24.00 10 $26.00 11 $28.00 12 Method 2: MC table reflecting values for integer quantities through averages Supply Schedule (Accurate) Price Quantity (units) $17.00 1 $15.00 2 $13.00 3 $11.00 4 $10.00 5 $10.50 6 $13.00 7 $17.50 8 $22.00 9 $25.00 10 $27.00 11...
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