题目
题目
单项选择题

Consider a producer that produces a high-quality commodity, which costs 20$ per unit, and a low-quality commodity, which costs 10$ per unit. Given that the consumers do not distinguish between the high-quality and the low-quality commodities, the market price for this commodity is 16$. In order to stay competitive with the other producers, what must be the ratio of the high-quality commodities to all the produced commodities?

选项
A.0.6
B.0.45
C.0.75
D.0.5
E.None of the other answers.
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标准答案
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思路分析
We start by understanding the pricing and cost structure given in the problem. The market price is 16 dollars, and there are two types of products with different production costs: high-quality at 20 dollars and low-quality at 10 dollars. Since consumers cannot distinguish quality, the producer must select a mix that yields an average cost equal to the market price if they want to stay competitive and avoid los......Login to view full explanation

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类似问题

Part 1A firm has two plants that produce identical output. The cost functions areUpper C 1 equals 399 q minus 12 q squared plus 0.5 q cubedC1=399q−12q2+0.5q3 and Upper C 2 equals 399 q minus 16 q squared plus 1.0 q cubedC2=399q−16q2+1.0q3.Part 2​First, note that if AC 1AC1equals=399399minus−1212qplus+0.50.5q squaredq2​, then StartFraction dAC 1 Over dq EndFraction equals negative 12 plus 2 left parenthesis 0.5 right parenthesis qdAC1dq=−12+2(0.5)q. ​Similarly, if AC 2AC2equals=399399minus−1616qplus+1.01.0q squaredq2​, then StartFraction dAC 2 Over dq EndFraction equals negative 16 plus 2 left parenthesis 1.0 right parenthesis qdAC2dq=−16+2(1.0)q.Part 3At what output level does the average cost curve of each plant reach its​ minimum?Part 4The first plant reaches minimum average cost at [input]1212 units of output. ​(Enter a numeric response using an​ integer.)Part 5The second plant reaches minimum average cost at [input]enter your response here units of output. ​(Enter a numeric response using an​ integer.)

Question at position 10 A manufacturer’s total-cost function is given by c(q)=q24+3q+400c(q)=\frac{q^2}{4}+3q+400 where c(q) is the total cost of producing q units. At what level of output will average cost per unit be a minimum?23340-40

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Production efficiency is attained where a firm is maximizing output and minimizing input. This takes place visually at the ATC minimum. According to the Average Cost model, production efficiency is attained at an approximate quantity of: 

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