A+ Answers

1. EXAMPLE of MR=MC How about if we try an EXAMPLE of MR=MC for a perfectly competitive firm? (TCO C) Answer the next question on the basis of the following information for a purely competitive firm:

 Output------------Price------------Total Cost ----0--------------$100---------------$100
----1--------------$100---------------$260 ----2--------------$100---------------$290 ----3--------------$100---------------$350 ----4--------------$100---------------$480 ----5--------------$100---------------$700

How many units would the above profit-maximizing firm produce? 2. Suppose you were instantly promoted to the CEO of your company Kaiser Permanente. Would you control costs any differently than the current approach? Please provide a reference http/url address is ok. 4-6 hours requested time frame 80-100 words.