Cost- marginal revenue curve

Assignment Help Business Economics
Reference no: EM136382

Q1. The article discusses the decrease in firm costs. Should the decrease in costs affect the quantity supplied? Why or why not?

This is an essay question, but I don't know how to explain. Should I use the supply-demand curve to explain, or use the marginal cost- marginal revenue curve to explain this question? How to explain?

Q2. a) Calculate the number of people in the labor force for each country.
b) Calculate the labor force participation rate for each country, and put the figures in the blanks provided. Which country had the highest labor force participation rate? Which had the lowest?
c) Calculate the unemployment rate for each country, and put the figure in the blanks provided. Which country had the highest unemployment rate? Which had the lowest?

Reference no: EM136382

Questions Cloud

Which will represent the yeast cell response : Throughout exposure to elevated glucose, a yeast cell's membrane glucose transporters will rapidly increase so the cell can import glucose. Which will represent the yeast cell response.
The evolution has displaced the need for a designer : What happens if intrapleural pressure becomes equal to atmospheric pressure. McCloskey implies that evolution has displaced the need for a designer.
Inhabits only this stretch of beach : What are price indexes designed to measure. Outline how they are construed. When GDP and other and other income figures are compared across time periods.
The amount of padding in the shoe : Jill is motivated by money and the things money will bring her. Jack is motivated by a belief in the significance of doing good things, and his incentives are based on that belief. Which theory incorporates both these types of motivational causes.
Cost- marginal revenue curve : This is an essay question, but I don't know how to explain. Should I use the supply-demand curve to explain, or use the marginal cost- marginal revenue curve to explain this question.
The bacteria are allowed to grow overnight : The bacteria are allowed to grow overnight and are streaked on a plate using the technique that produces isolated colonies that are clones of the original. Samples of these colonies are then grown in four different media: nutrient broth plus ampicill..
Price elasticity of demand and income elasticity of demand : The number of taxicabs in Motorville and the taxicab fares are regulated. The fare currently charged is $5 a ride. Motorville taxicab drivers want to obtain government's permission.
Why is gigantism generally more difficult to treat : What aspects of social and work environment in a college cafeteria will be of particular interest to a sociologist since of his or her sociological imagination.
Describe oxidative and non-oxidative branches : Describe oxidative and non-oxidative branches of the pentose phosphate pathway and distinguish between these branches in terms of their roles in producing NADPH for biosynthesis reactions or 5-carbon sugar for mucleic acid synthesis.

Reviews

Write a Review

 

Business Economics Questions & Answers

  Dhl prides itself on having its own staff

DHL prides itself on having its own staff of more than 300,000 people spread across the globe, instead of relying on local agents.

  Ratio of interest payments

Repeat these calculations for the third, fourth, and fifth years, assuming that the Government taxes at a rate each year and has noninterest expenditures annually.

  Unions usually advertise to its members and potential member

Which of the government policies below is not likely to encourage per capita economic growth.

  What makes the united states a successful country

The cause and effect on how and why there was a government shut down a month ago.

  Find the equilibrium values of the real interest rate

Find the equilibrium values of the real interest rate, consumption, investment, and the price level.

  Fractional reserve banking system

The banking system is a fractional reserve banking system with a desired reserve deposit ratio. Banking system is a fractional reserve banking system.

  Monopolistic firm control

Quantity, whole revenue and profit when company charges different price in each market and exploits its total profit.

  Government budget is balanced with government purchases

The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are $100.

  Short-run macroeconomic equilibrium

Sets out the aggregate demand and aggregate supply schedules in Japan. Potential GDP is 600 trillion yen. What is the short-run macroeconomic equilibrium.

  Expected convenience from each restaurant

Calculate whole expected convenience from each restaurant option and also compare?

  Long-run equilibrium

Explain how the U.S. economy may self-correct back to the long-run equilibrium where actual GDP equals to full GDP and there is full employment.

  Mardi gras celebrations lead people to carry more cash

We operate 300 days per year and have found that an order must be placed with our supplier 6 working days before we can expect to receive that order.

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