About the cost function

Assignment Help Business Economics
Reference no: EM13771577

When I look at a cost function such as TC=9000 + 9Q, Am I correct that the 9000 in this figure is overhead and the 9 would be the marginal cost, Q would be the qty produced?

Reference no: EM13771577

Questions Cloud

Direct expenditure offsets than spending on health care : Why might federal spending on roads, waterways, or national security be less subject to direct expenditure offsets than spending on health care or education?
Find the length of the curve : 1.) Find the length of the curve (called a semi parabola) given by: y^2=x^3 from the pint (1,1) to the point (9,27) 2.) find the length of the Curve y= (x^2) - (1/8)ln(x) from 1≤x≤5
Most of each good that canadians can consume when economy : Two canadian workers, Dan and Nikki, can each produce stoves of apples. Dan can produce either 140 pounds of apples or 1 stove per month. Nikki can produce either 80 pounds of apples or 1 per month. what is the most of each good that canadians can co..
Find the volume of the solid generated by revolving : 1.) find the volume of the solid generated by revolving the region enclosed by the graphs of y=e^(x/4), y=1, and x=ln8, about the x axis 2.) find the surface area of the solid generated by revolving y=√(x+6), 0≤x≤3 about the x axis.
About the cost function : When I look at a cost function such as TC=9000 + 9Q, Am I correct that the 9000 in this figure is overhead and the 9 would be the marginal cost, Q would be the qty produced?
How much water does the basin hold at high tide : Consider a basin with a rectangular base, 1000feet inland and 500feet across. let the y-axis be at the shoreline and the x-axis represent the low tide. the basin has a tidal range of 25feet, with the low tide corresonding to y=0. a) how much water do..
You have got several potentially conflicting needs to addres : As an investigator, you know you've got a job to do, which includes keeping the customer satisfied and keeping them out of your hair. As the mid-level manager who's been asked to get an investigation going, get results from it, and provide for its ca..
Use the dividend-discount model to compute the level : If Professor Siegel is correct that stocks are less risky than bonds, then the risk premium on stock may be zero. Assuming that the risk-free interest rate is 2.5 percent, the growth rate of dividends is 1 percent and the current level of dividends i..
What is the initial effect of this change on inventories : Draw a Keynesian cross graph and assume that macro economy starts and ends at equilibrium. Label the initial aggregate demand line AD0, Then show what happens in the diagram when a rise in consumer wealth raises C in your diagram. What is the initial..

Reviews

Write a Review

Business Economics Questions & Answers

  Observe in an industry with rapidly changing technology

What type of compensation policy would you expect to observe in an industry with rapidly changing technology? Explain. Suppose you are the owner-operator of a gas station in a small town. Over the past 20 years, you and your rival successfully kept p..

  What quantity of pizzas demanded soared

Quantity of pizzas demanded soared following week from 1 pie an hour to 100 pies an hour. What was price elasticity of demand for Domino's pizza.

  Q1 explain why each of the following statements are false

q1. explain why each of the following statements are false. for each write the correct statement.a. a monopolist

  Find the amount of consumer surplus and producer surplus

Suppose you have the following demand and supply schedules: Qd = 900-10p+2Y and Qs= -50+25P where Qd and Qs are quantity demanded and supplied, respectively, Y is average income (in 1000s) in the area and P is the price of the good. Suppose Y=50. Fin..

  Found in the literature review section

Most threats to ____ are taken care of by the experiments design, while most threats to _____ need to be take care of by the designer of the experiment. which of the following would be found in the literature review section

  Explain why firms make zero economic profits in economy

assuming economy is in a long run equilibrium, show fraction of total output earned by labour and fraction of total output earned by capital. Explain why, in long run, firms make zero economic profits in this economy.

  Might cause the world interest rate to rise

Illustrate what might cause the world interest rate to rise.

  Relationship between the marginal cost and average variable

Using the numbers that you calculated above, explain the relationship between the marginal cost and average variable cost.

  What is the price elasticity of supply for bagels

A bakery would be willing to supply 500 bagels per day at a price of $0.50 each. At a price of $0.80, the bakery would be willing to supply 1,100 bagels. Using the midpoint method, the price elasticity of supply for bagels.

  Find the present value for each year if the interest rate

Find the present value for each year if the interest rate is 6% and then add them together for the total present value of future revenue.

  Qyou are the ceo of abc neosho missouri you manufacture

q.you are the ceo of abc neosho missouri. you manufacture both wood and upholstery products and have yearly sales in

  Assume the demand curve is downward sloping

Suppose that the citizens of Hungary can purchase all the oil they desire at the going international price. If the Hungarian government levies a tax on oil, who bears the burden? Illustrate your answer wit h a supply and demand diagram.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd