Please show me how they get answer d) Question B1. Atomic percent magnesium 10 20 30 40 50 60 70 80 90 700 649 1200 1100 -1000 500 900 451 -800 598 67.7 14.9 87.3 400 700 600 500 400 200 100 AI 10 20 30 40 50 60 70 80 90 Mg Weight percent magnesium Figure 1: Aluminium-Magnesium equilibrium phase diagram. (Source: Metals Handbook, 8th Edition. Vol 8 American Society for Metals p. 261.) Consider an Al-7 wt% Mg...
#1 1. A firm has the following demand and total cost schedule. TR Profit MR MC O 0 10 20 30 40 50 60 P 100 90 80 70 60 50 40 TC 200 400 600 800 800 1,000 1.200 1.400 a) Is the firm a price-taker or price searcher? Explain. b) Complete the Total Revenue (TR) and Profit schedules. c) How many units of output (Q) should the firm produce to maximize profits? d) What price (P) should the...