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Consider a firm in a perfectly competitive market with total costs given by
TC = Q^3 – 15Q^2 + 100Q + 30
a. What is this firm’s marginal cost function? Over what range of output are the firm’s marginal costs decreasing? Increasing?
Need help with a problem set that utilizes Calculus-based managerial economics and focuses on elasticity, including point, cross and advertising.
How health care charging and pricing processes are different from those in other industries. How private and government insurers and payers impact actual reimbursement.
The FOC and local SOC for the firm's optimization problem can be used to prove the law of supply, meaning exactly: if the firm supplies a positive quantity at the current market price, then at a higher price it will supply a larger quantity.
Time to failure distribution of a computer memory chip follows Normal Distribution with mean 9000 hours and standard deviation 2000 hours. Find the reliability of this chip for a mission of 8000 hours?
Suppose that the life length of a component is normally distributed with standard deviation equal to 10 (days). If the component has a reliability of 0.99 for an operation period of 100 (days), what should its expected life length be?
Provide your view and just enough background detail to allow the reader to understand the problem and objectives. The length should be between 550 and 800 words (excluding the title page and references). Assignments under 550 and over 800 words wil..
Assume 1990 to be the base year. If by the end of 2004 a country's export price index rose from 100 to 130 while its import price index rose from 100 to 115, its terms of trade would equal 113. Why?
To what extent have advanced and accessible digital technologies, such as websites, digital photography, and YouTube, changed the relationship between art and technology? Are these technologies reshaping our attitudes toward artists?
Explain the principal manner in which the survival of African-Americans from colonial through Civil War times is inextricably rooted in West African traditions.
An airline is considering the purchase of an Airbus A-320neo which offers improved fuel efficiency over the previous generation of narrow-body aircraft. The finance department estimates the aircraft will generate a positive net cash flow of $6 millio..
Across the three social media options, which of the four measures is likely to have the greatest impact on the success of the branding campaign.
show the effects of an increase in the Chinese purchases of U.S. Treasury bonds. How do these purchases affect the value of the dollar and of the yuan?
Due to a technical breakthrough, the fixed costs for a firm drop by 25%. Prior to this breakthrough, fixed costs were $100,000 and unit contribution margin was and remains at $5.00. The new amount of break-even units will be?
A large company in the communication and publishing industry has quantified the relationship between the price of one of its products and the demand for this product as Price = 150- 0.01 x Demand for an annual printing of this particular product.
Elucidate why a currency depreciation leads to an improvement in a countries balance of trade.
Explain why is the index of industrial production an appropriate coincident indicator. Why is the average prime rate charged by banks an appropriate lagging indicator.
Under dividend-discount model stock prices: The difference in the price of a zero coupon bond and a coupon bond with the same face value and maturity are simply: To reduce overall portfolio risk through diversification,
Chris is renting a house, and it does not have a refrigerator. A refrigerator is worth $3 every day because Chris will eat out less. Chris has a discount rate of 18%. Refrigerators usually last 5 years. How much is Chris willing to spend on a refrige..
identify the circumstances under which Sarah should choose package A, the circumstances under which she should choose package B
firm's marginal cost curve crosses marginal revenue curve at an output level of 1,000 units. Illustrate what is firm's current profit. Illustrate what is likely to occur in this market and why.
Elucidate what do the opponents of globalization criticize. With regard to consumerism, immigration, and nutrition, where do you find their critiques compelling.
If the entry barrier is removed consumers will be better off because consumers will enjoy greater consumer surplus. Explain.
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