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- Please show solution for Part ADrybar, a hair salon, faces a weekly demand for blowouts equal to qp = 1120 - 20P. The salon has weekly total cost of TC(q)=0.05q² + 20q + 500. (a) The minimum efficient scale (i.e., the quantity that achieves minimum average cost) is__. (b) The weekly marginal revenue for this salon is MR (c) This salon's profit maximizing level of output is__, price is__ (d) When the salon produces at the profit maximizing level, the consumer surplus is__, the producer surplus is__. (e) Suppose the salon can do first-degree price discrimination, consumer surplus is__and producer surplus is_-Find price (P), total revenue, total cost and profit
- A small factory produces a small toy with a fixed cost of S10,000month. If the factory manager wants to have a profit of $2 per unit, the revenue is $15unit and variable cost is $5/unit what is quantity to achieve this profit?show calculations A wheat seed dealer has a cost function: C = 100 + 20Q +Q2. Inverse demand is: P = 620 -2Q. Maximum profit is: A. 38,400 B. 36,200 C. 39,200 D. 29,900 Handwritten solution not required correct answer will get instant upvote.give me a solution within 30-40 mins I'll give you multiple upvotes.