User Account

All Pages

Find the firm fixed costs

Assignment Help Business Management
Reference no: EM131258624

Melody Music Store has a total cost function of TC = 500 + 10Q + 5Q^2

(a) Find the firm's fixed costs (FC) and variable costs (VC).

(b) Find the firm's average fixed cost (AFC), average variable cost (AVC), and average total cost (ATC

(c) Use calculus to find the output level that minimizes average total cost

(d) Find the levels of output where the firm will face economies of scale. Find the levels of output where the firm will face diseconomies of scale

Reference no: EM131258624

Questions Cloud

Calculate the fraction of total atrazine : The bulk density of the soil is 1.25 g/cm3; this means that each cubic centimeter of soil (soil plus water) contains 1.25 g of soil particles. The porosity of the soil is 0.4.
Government try to control social costs : How does the government try to control social costs? What are the problems of the government trying to do so?
How consumers perceive these companies : Nike, Reebok, and Converse are strong competitors in the athletic shoe market. The three use different advertising and marketing strategies to appeal to their target markets. Use a search engine on the Internet to gather information on this market..
Combatting global warming : How has economics been used recently to assist in combatting global warming (via increasing renewable energy use, etc)?
Find the firm fixed costs : Melody Music Store has a total cost function of TC = 500 + 10Q + 5Q^2 (a) Find the firm's fixed costs (FC) and variable costs (VC). (b) Find the firm's average fixed cost (AFC), average variable cost (AVC), and average total cost (ATC
Describe your unique selling proposition : Brielf describe two (2) products (goods or services) offered at a business you are familiar with. Next, identify two (2) major competitors and describe the two (2) products they offer that compete with yours.
Describe some ramifications of the bullwhip effect : Describe some ramifications of the bullwhip effect ? Describe causes of the bullwhip effect and their associated remedies.
What is the total cost of producing 1000 sneakers : (a) Use the Lagrangian Method to find the cost-minimizing quantity of capital and labor to produce 1000sneakers? Round your answers to two decimal places. Assume Nike uses fractional inputs. (b) What is the total cost of producing 1000 sneakers?..
How bullwhip measure can be used to analyze supply chains : Describe how the bullwhip measure can be used to analyze supply chains? - Describe some potentially useful categories to include in a factor-weighting analysis for supplier selection?

Reviews

Write a Review

Business Management Questions & Answers

  Noteworthy lessening in the quantity of base

An assessor assessing arbitrarily chose research center reports for as far back as year saw a noteworthy lessening in the quantity of base/nonpartisan and corrosive extractable examples requiring re-extraction on account of low surrogate recuperat..

  The responsibility of mlb with regard to the steroid issue

The responsibility of MLB with regard to the steroid issue.

  The cultural tale of two shuttles

The first space shuttle flight occurred on February 18, 1977, with the launch of Enterprise. It was a proud day for NASA and the beginning of a new age in space exploration.

  What we can learn from geese

What We Can Learn From Geese. When geese fly in formation, we can't help but look up and marvel at their beauty. But their behavior also represents successful teamwork patterns that have evolved over the ages.

  Explain derivative shareholder lawsuit four brothers-monnie

Explain Derivative Shareholder Lawsuit Four brothers-Monnie and When the board refused to do so and Sam initiated a lawsuit on behalf of the corporation

  What is the common size percentage for the dividends paid

An organization has sales of $428,000 for the year. The profit margin is 3.4 percent also the retention ratio is 60 percent. Illustrate what is the common size percentage for the dividends paid.

  Question about organizational leadership1how has the

question about organizational leadership1.how has the structure of todays organization changed from the organization of

  Advertising directed toward elderly consumers

Find two good and two bad examples of advertising directed toward elderly consumers.  To what degree are these ads stereotypical?  Do they depict the concept of perceived age?  How could these ads be improved by applying concepts from the reading on ..

  A medium-sized manufacturer of motorcycle cruisers

A medium-sized manufacturer of motorcycle cruisers

  Differences of narrow wide span control explain what are

explain what are the main differences between narrow span of control and wide span of control in short

  Show benefits of using cvp analysis

Provide two examples of activities on how an entrepreneur starting a business may benefit by applying CVP Analysis, make sure to perform a what-if analysis in your situation

  Determine which is more comprehensive and explain why

Compare and contrast the Fayol's POLC functions of management with the systems thinking approach and determine which is more comprehensive and explain why

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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