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1.A firm has discovered a new kind of dessert called B. It can be produced from paper at 2 marginal cost. Before the firm produce it ,it would have to spend a fixed cost of M . Demand is given by equation q=20-p .And the firm can have a monopoly in the market
Q:Under what condition will the firm produce the dessert
2.if a person has such budget funtion as : income=min[A+2B,2A+B] (A和B前的系数为其各自的价格) 他的无差异曲线是正常的典型的
Q:1.draw the budget constraint line
2.discuss all the possible cases of his optimum consumption choices
完全不会呀 求教