Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Suppose that you can sell as much of a product (in integer units) as you like at $61 per unit. Your marginal cost (MC) for producing the qth unit is given by: MC=9q This means that each unit costs more to produce than the previous one (e.g., the first unit costs 9*1, the second unit (by itself) costs 9*2, etc.). If fixed costs are $50, what is the optimal output level? Please specify your answer as an integer. Also, assume that a competitive firm has the total cost function: TC = 1q3 - 40q2 + 710q + 1700 Suppose the price of the firm's output (sold in integer units) is $550 per unit. Using tables (but not calculus) to find a solution, what is the total profit at the optimal output level? Please specify your answer as an integer.
Robert’s New Way Vacuum Cleaner Company is a newly started small business that produces vacuum cleaners and belongs to a monopolistically competitive market. Its demand curve for the product is expressed as Q = 5000 – 25P where Q is the number of vac..
If we start with the premise that the US economy is a consumer driven (consumption) economy, would consumers saving their money hurt the economy? If there are more investment opportunities in the US vs other countries, doesn't this speak to the healt..
Analyze and outline the three most likely reasons for growing food insecurity in the United States. Do you think food insecurity is on the rise in the U.S.; how about in your own community
What happens to producer and consumer surplus when a non-price discriminating monopolist increases output above its profit-maximizing level?
Illustrate what is happening to the housing market in your area. Are you still seeing alot of forclosed homes?Can you describe the housing demand and supply factors.
Basically, speculators borrowed pesos also after that sold pesos for dollars in the open marketplace.
Term Project: Weekly Journal Portfolio (20%): You are required to maintain a weekly journal in APA format. Once a week, you have to pick an interesting story dealing with international business from the print/internet media. What did you learn from i..
The individual who encodes a message in the communication process is also most likely to be which of the following:
Consider the production function q=4L^.3K^.8. In the short run, assume K=5. Derive formulas for Total Product, Average Product, and Marginal Product. Graph these three functions.
6 firms makeup most of an industry and have the following market shares: Calculate the Herfindahl-Hirschman Index (HHI), showing all work, given present market shares. Calculate the Herfindahl-Hirschman Index (HHI), showing all work, assuming Firm C ..
The director of manufacturing at a clothing factory needs to determine whether a new machine is producing a particular type of cloth with s mean breaking strength of at least 70 pounds. a sample of 36 pieces of clothe shows a sample mean breaking str..
The exchange rate for a currency is
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd