Business, 21.08.2020 01:01, carolinagarciap8kgmi
Naploc Inc, operates in a perfectly competitive industry. The product Naploc wants to produce has a fixed cost of $12,000 and the following total variable cost: TVC(Q) = 4 (Q-6)3 + 200 (Q+2) for Q > 3.4 Assume company can produce any amount above 3.4 units. Naploc purchased the equipment for $12,000 and did not start production yet. Market price is $400. Tebit Inc, another company that operates in the same industry desperately needs equipment and makes an offer to Naploc. Tebit already knows Naploc’s cost structure. What is the lowest price that Tebit should offer for the equipment?
Answers: 1
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Naploc Inc, operates in a perfectly competitive industry. The product Naploc wants to produce has a...
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