Find the firms short run marginal cost-firm total fixed cost

Assignment Help Business Economics
Reference no: EM13831944

The Short Run Total Cost of a firm is given by C= 190 + 53 Q.

a. Find out the firm's total fixed cost

b. Find out the firm's total variable cost.

c. Find out the firm's short run marginal cost.

d. Find out the firms average variable cost.

e. Find out the firm's Average fixed cost

Reference no: EM13831944

Questions Cloud

What is the most likely purpose of the gaucho games : What is the most likely purpose of the gaucho games
Evaluate the cultural issues that need to be addressed : Review Juanita's World Parts 1-5 and write a 5-7 page paper. Pretend you are Juanita and develop a human resource plan to share with your boss. Evaluate the cultural issues that need to be addressed. Analyze the ethical considerations that apply
What do you think causes your stage fright : What do you think causes your stage fright? Is it a fear of being judged, failure, embarrassment, language skills, shyness or something else
Different types of social groups : Describe social groups in general. Then compare and contrast (3) three different types of social groups
Find the firms short run marginal cost-firm total fixed cost : The Short Run Total Cost of a firm is given by C= 190 + 53 Q. Find out the firm's total fixed cost. Find out the firm's total variable cost. Find out the firm's short run marginal cost.
When the fed raises the target for the federal funds rate : When the Fed raises the target for the federal funds rate, it:
The interest rate the fed target is the : The interest rate the Fed target is the:
Interpreted from one of three major theoretical frameworks : Social life can be interpreted from one of three major theoretical frameworks. Describe the major points of each framework. List at least one sociologist who has been identified with each framework.
Aggregate demand and aggregate supply model applications : Assume that the economy experiences a supply shock, such as an increase in energy prices. If the government tries to counter this cost shock (supply shock) by using expansionary fiscal policy/monetary policy, explain what will happen to the level of ..

Reviews

Write a Review

 

Business Economics Questions & Answers

  What is the profits of each firm as functions of q1 and q2

Suppose a second firm enters the market. let Q1 be the output of the first firm and Q2 be the output of the second. What is the profits of each firm as functions of Q1 and Q2.

  Replace the idea of the globally integrated enterprise

Presuming IBM’s evolutionary perspective best represents the path to the future of change, speculate what MNE will eventually replace the idea of the globally integrated enterprise.

  Calculate the deadweight loss

Suppose the demand and supply for wine within the U.S. is: Suppose the demand and supply for wine in the rest of the world (R.O.W.) is: Calculate the deadweight loss if the U.S. imposes a tariff of 25 cents per bottle of imported wine.

  Did interest rates increase or decrease-transaction costs

Boyd Company sold a futures contract (one) on Treasury bonds that specified a price of 93-00. When the position was closed out, the price of the Treasury bond futures contract was 94-20. Did interest rates increase or decrease? How do you know? What ..

  Commercialization of agriculture

Discuss the elements the led to the successful northern commercialization of agriculture and the differences between the northern commercialization and southern commercialization of agriculture.

  Illustrate wow about if full over the last month

full over the last month, are you optimizing. Illustrate wow about if it is 75% full at 9 am.

  Discussion question on poverty

To examine some of the causes of differences in income, and to describe and analyze some of the government policies that attempt to reduce poverty. To show how the Social Security program is designed, how it developed from an insurance program to a t..

  Indicate if gdp is affected

Indicate if GDP is affected, under what category and what happens to GDP Oklahoma cleans up after a devastating tornado.

  Zinc also copper monopolists every set a price

The zinc also copper monopolists every set a price, believing that the other monopolist will not change its price. Conclude the equilibrium price of brass.

  What demand factors might be also be relevant

During the same time, total annual movie admissions have barely changed. What cost factors can explain this trend? In addition, what demand factors might be also be relevant?

  Suppose the cross-price elasticity of demand between goods

Suppose the cross-price elasticity of demand between goods X and Y is -1. How much would the price of good Y have to change in order to change the consumption of good X by 30 percent?

  Qassume that the economy can be described by the following

q.assume that the economy can be described by the following 3 equationsut-ut-1-0.4gyt-5 okuns lawpit-pit-1-ut-4

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