4 $ 200.0 0
300.0 0
5 $ 200.0 0
450.0 0
6 $ 200.0 0
650.0 0
( Part A) Refer to the above data. If the product price is $ 75 at its optimal output, will the firm realize an economic profit, break even, or incur an economic loss? How much will the profit or loss be? Show all calculations.( 10 points)
( Part B) Refer to the above data. If the product price is $ 100 at its optimal output, will the firm realize an economic profit, break even, or incur an economic loss? How much will the profit or loss be? Show all calculations.( 10 points)( Points: 20)
5. ( TCOs E and F) Compare and contrast a historical and / or current macroeconomic disturbance to the business cycle and economic policy decisions related to that disturbance. The disturbance would be some event that causes either unemployment or inflation to rise.