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Answer to Question #74285 in Microeconomics for Zulfiqar Ali

Question #74285
Unique foods operates three plants in the world. Summary data for each is shown below Plant UK USA Canada Total Fixed Cost(TFC) 1,00,000 2,00,000 4,00,000 Variable Cost Per Unit (AVC) 10 8 5 Output price per unit (P) 20 22 18 Capital / Labor Ratio (K/L) 2:1 3:1 4:1 Output rate (Q) 22,000 16,000 33,000 Determine the profit elasticity for each plant
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