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It is known that a company operating in a perfectly competitive market has the following data.Screen Shot 2020-11-05 at 13.44.58.pngComplete the table and determine the maximum profit conditions.
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The figure 1 and 2 below show, respectively, components and block diagram of a motor and the measurements of velocity (via the tacho unit) and position (via the potentiometer). n represents the gearbox ratio between the rotating shaft and the output shaft. The left-hand side of the diagram represents the controller. A reference set point for the rotating shaft is entered in degrees and this is converted to an equivalent voltage. The error is calculated by subtracting the measured position from the...
The figure 1 and 2 below show, respectively, components and block diagram of a motor and the measurements of velocity (via the tacho unit) and position (via the potentiometer). n represents the gearbox ratio between the rotating shaft and the output shaft. The left-hand side of the diagram represents the controller. A reference set point for the rotating shaft is entered in degrees and this is converted to an equivalent voltage. The error is calculated by subtracting the measured position from the...
A Screen Shot 2020-01-05 at 3.35.55 PM a Screen Shot 2020-01-05 at 3.42.45 PM Q Search Q Search (2) (23) Examine the graph below. If the price for this firm's product is $40, and the firm is maximizing profits, what is the firm's total revenue? Assume that the firm is a price taker. O $3750 Which of the following is not true about the slope of the total revenue curve for a perfectly competitive firm? It increases at a constant...
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