The average cost curve is the firm operating

Assignment Help Microeconomics
Reference no: EM13794263

A firm with U shaped average cost curve finds that its revenues exceed cost when it sets price equal to marginal cost. On which part of the average cost curve is the firm operating?

 

 

Reference no: EM13794263

Questions Cloud

Briefly describe the supply chain path : Briefly describe the supply chain path of this item from its source to the end user. Indicate who is, or might be, involved in an efficient, cost-effective supply chain management of this item.
Find the value of burnt resistor : What are the three handy Methods to find The value of Burnt Resistor ?
Write a letter to apply on the position of interest : Write a letter To apply of intent identifying the position of interest, describing teaching and research interests and experience, and addressing qualifications.
Technique for developing a vision : In your textbook the authors discuss a technique for developing a vision called "Vision as Story-Telling". Use this technique to develop your own personal vision statement.
The average cost curve is the firm operating : A firm with U shaped average cost curve finds that its revenues exceed cost when it sets price equal to marginal cost. On which part of the average cost curve is the firm operating?
Explain the challenges with freedom of speech : Research, review and analyze Korb v. Raytheon, 707 F.Supp. 63 (D.Mass. 1989). Based on your research and the case, write a 5-6 page paper in which you:
Five stress response states : Why is kinesic interviewing not as reliable with some groups as with the general population? Explain how the Five Stress Response States play a role in interviewing.
Name management style used to describe management theories : List the pros and cons of using the Theory X versus Theory Y management styles. I recommend that you use a listing format (for example, a bullet format) for your response.
Detailed explanation nonverbal behavior : Provide a detailed explanation nonverbal behavior. Explain how a person has a greater ability to control verbal signals than to control and monitor nonverbal symptoms.

Reviews

Write a Review

Microeconomics Questions & Answers

  Difference between dependent and independent demand

Explain with an example the difference between dependent and independent demand and what are the objectives, inputs, and outputs of an MRP system

  Appalachian coal mining thinks that it can increase labor

appalachian coal mining believes that it can increase labor productivity and therefore net revenue by reducing air

  Donate a large amount of money for student scholarships

A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of $12 million in Year 0 (the current year), or in parts, in which $7 million can be provided at t..

  The relationship between the inflation rate and changes

Classify the following topics as relating to microeconomics or macroeconomics. a family’s decision about how much income to save. the effect of government regulations on auto emissions

  Question about shortages and surpluses

Explain what happens to a market when Supply and Demand are not in equilibrium. Provide two instances from your personal experience when you observed the "disequilibria" of supply and demand in the market,

  Elaborate the short-run and long-run effects

The Central Bank reduces the money supply in the economy which leads to an increase in the interest rates - The government increases its purchases due to natural disasters. Sets of the aggregate demand, short-run aggregate supply, and long-run aggreg..

  How to characterize the demand for haddock assume

the demand for haddock has been estimated aslog q ab log pc log i d log pmwhere q quantity of haddock sold in new

  How to raise the equilibrium price

An excise tax of $1.00 per gallon of gasoline placed on the suppliers of gasoline in a market with downward sloping demand and upward sloping supply would raise the equilibrium price. a exactly $1.00 per gallon.

  Using a 005 test to see if average length of stay in rfr

the management of regional hospital has made substantial improvements in their hospital and would like to test and

  The federal reserve bank are part of a commercials bank

Deposits with the federal reserve bank are part of a commercials bank's a)capital b) reserves c) loans d) lliaibilties

  How did most employees feel about the monitoring of

the new chief executive officer ceo of your company is a strong believer in the four functions of management theory. in

  Compare notes with someone in the industry

Identify at least five locational attributes that are important in the location of a fast-food restaurant. Compare notes with someone in the industry such as a local restaurant manager or owner.

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