What is the value when mc is at a minimum

Assignment Help Macroeconomics
Reference no: EM13324136

The cost function at a car manufacturing firm estimated as TC = 250 + 150Q - 2.5Q^2 + 0.5^3.  Derive the MC and AC functions; What are TC amd AC at an output of 123 units?  What is the value when AC is at a minimum?  What is the value when MC is at a minimum?

Reference no: EM13324136

Questions Cloud

Determine the specific entropy generation in a light bulb : Argon in a light bulb is at 110kPa, 70 degrees celsius. The light is turned off, so the argon cools to the ambient 20 degrees celsius. Disregard the glass and any other mass and find the specific entropy generation
Find the risk-neutral price of option : Find the risk-neutral price of this option at time 0 and describe the hedging process for this option in the case that the first movement of the stock is upwards
How do compute the concentration of a unknown : How do you calculate the concentration % of a unknown solution with the equation y=30.662x-0.2147 with a known absorbtion of 0.330
Contemporary business and management environment : Identify and critically appraise an area of the contemporary business and management environment in relation to theoretical concepts.
What is the value when mc is at a minimum : The cost function at a car manufacturing firm estimated as TC = 250 + 150Q - 2.5Q^2 + 0.5^3.  Derive the MC and AC functions; What are TC amd AC at an output of 123 units?  What is the value when AC is at a minimum?
Explain a competitive inhibitor of carbonic anhydrase : A competitive inhibitor of carbonic anhydrase has a K(i) of 0.04 M. What is the V(max) for this reaction of 0.6 mg/mL in the presence of 4.20 mM inhibitor.
Binomial pricing model with risk-free interest rate : Suppose we're in a standard N-period binomial pricing model with risk-free interest rate r, and let K be a positive number and 1 · m
How to calculate the entropy change for vaporization : Calculate the entropy change for vaporization of 18g of H2O? The molar enthalpy of vaporization for water is 44 kj/mol and the boiling point is 100 degrees celsius
Calculate the profit at the profit maximizing level : Demand function Q = 20 - 0.2P, MC = 10 + 5Q, given that TFC = $2,000. Derive and equation for TC; Calculate the profit at the profit maximizing level.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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