Orrcon Steel Manufacturing Pty Ltd stocks rectangular hollow sections in a wide range of sizes Our Rectangular Hollow Sections are manufactured to the Australian Standard for structural steel hollow section 0AS/NZS 1163 and cover steel grades C250L0, C350L0 and C450L0 A variety of surface finishes are available across our range of structural tubulars0 40 40 60 100 40 60 95 35 400 40 360 3 40 800 40 760 6 140 1000 40 960 770 190 To solve the table ① From the first line we know T = 40 for all levels of Y ② From the first and second line, we know MPC = ΔC/Δ(YT) = (95 – )/(60 40) = 75/100 = 075Output AFC AVC ATC MC 1 300 100 400 100 2 150 75 225 50 3 100 70 170 60 4 75 73 148 80 5 60 80 140 110 6 50 90 140 140 7 43 103 146 180 8 38 119 156 230 9 33 138 171 290 10 30 160 190 360 a/ Refer to the above table If the market price for the firm's product is $50, the competitive firm will Shut down Produce 1 unit Produce 2 units Produce 3 units b/ Refer to the above table
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