Hardest lockdown regulations? (2
Discuss the impact the hard-lockdown had on perfect markets.
(4)
With the aid of graphs, illustrate the effect of a change in demand for chicken by
restaurants to a chicken farmer.
(8)
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JESTION 2
udy the table below and answer the questions that follow
Output units
Average costs
(ATC)
Total costs
(TC)
10
20
28
34
38
42
48
Marginal costs
(MC)
0
10
8
6
1
2
3
4
5
6
20
14
11.3
9.5
8.4
8
4
4
6​