Question

AvgTC for Vendor1=1/2 Q1 AvgTC for Vendor2=1/4 Q2 AvgTC for Vendor3=1/4 Q3 1- What is the...

AvgTC for Vendor1=1/2 Q1 AvgTC for Vendor2=1/4 Q2 AvgTC for Vendor3=1/4 Q3

1- What is the MC for the Vendor.

2- How much should be produced at each Vendor.

3- Should Vendor2 and Vendor3 be used as they have same cost structure.

4- what should be the total units produced if p=1000.

There is no Demand Function given. This is all the information given!

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