Eco 102 HW - At $35 each would be willing to produce 140...

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Alysse Johnson Economics 102: exercise II (The Johnson Implement Exercise) 2. At $27.75 for each spreader - 140 per month equals $110 of profit 80 per month equals $20 of profit 120 per month equals $180 of profit 3. At $25 for each spreader- 0 per month equals -$1000 of profit 110 per month equals -$125 of profit 50 per month equals -$500 of profit There would not be any point to produce anything because he wouldn’t even make any profit at 170 spreaders per month. 4. At $40 each would be willing to produce 160 per month
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Unformatted text preview: At $35 each would be willing to produce 140 per month At $30 each would be willing to produce 120 per month At $25 each would be willing to produce 100 per month At $20 each would be willing to produce 80 per month At $15 each would be willing to produce 60 per month At $14.57 each would be willing to produce none per month 5. The supply curve would shift to the left because the increase in the fix cost would make it necessary to incresed the price of the product to still make a profit...
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This note was uploaded on 11/02/2011 for the course ECO 216 taught by Professor Palumbo during the Spring '11 term at Cardinal Stritch.

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