Elucidate at least two analytical techniques

Assignment Help Business Economics
Reference no: EM1346414

Assume you are the plant manager for crossroads Sign Company, which produces road signs in a market that approximates perfect competition. due to a slow economy, business has been slow and the company is losing money every month. the owners have asked you whether to continue operations or to shut down at least until the economy improves. you have the following information available: marginal revenue (mr) = $130 total cost (tc) = $1,100 + 135q + 0.6q2 marginal cost (mc) = 135 + 1.2q as the plant manager, should you recommend to the owners that the plant be shut down for a while? Justify your answer using at least two analytical techniques and presenting the information graphically.

Reference no: EM1346414

Questions Cloud

Discourse whether the law should be the sole guide : Discourse whether the law should be the sole guide for whether such actions can occur, Explain why is the law sometimes not enough
Define the magnitude of the charge on each sphere : A 1000 kg experimental rocket sled on a level frictionless rail is loaded wiht 50kg of propellant. It exhausts the propellant in a 20-s "burn". If rocket, initially at rest, moves at 150m/s after the burn, what impulse is experienced by the rocket..
Explain what strategies would you use to maintain a caring : Explain what strategies would you use to maintain a caring, sensitive tone, even when writing a negative message?
Which performances as the project plan for organizing : Submit a MS Project file which performances as the project plan for organizing this two day training session
Elucidate at least two analytical techniques : Justify your answer using at least two analytical techniques and presenting the information graphically.
Write vision of company that you propose to start : Select a new venture idea, Write vision, mission, values and philosophy of the company that you propose to start
Question related to project communication plan : Question related to Project Communication Plan - what would be your conclusion concerning the importance of an internal communication plan
Why do you think the compensation plan differ two firms : Why do you think the compensation plan differ at the two firms. In particular why do you think Kaufmann s pays commission to salespeople, while Parkleigh does not.
Calculate the apr of investment : You purchased a stock 3 months ago for $32.81 per share. The stock paid no dividends. The current share value is $37.53. Calculate the APR of your investment?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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