I dont understand this, Microeconomics

Joe Brown’s dairy operates in a perfectly competitive marketplace. Joe’s machinery costs $500 per day and is the only fixed input. His variable costs are comprised of the wages paid to the few workers he employs at the dairy and the grain he feeds to his dairy cows.

What is the AVC?
What is the break-even price?
Posted Date: 7/24/2012 3:34:18 PM | Location : United States







Related Discussions:- I dont understand this, Assignment Help, Ask Question on I dont understand this, Get Answer, Expert's Help, I dont understand this Discussions

Write discussion on I dont understand this
Your posts are moderated
Related Questions
1. The following data consists of a 3 (age) x 2 (sex) natural design in which the proportion of pretend play between parents and infants changes as a function of age.  The DV (Y) i

leat cost factor combination

Problem 1: i) To what extent can a country actually rely on the principle of Comparative advantage before engaging in international trade? ii) Explain the different types


Suppose the price of printing paper for digital cameras has recently risen by 10 percent due to an increase in the cost of materials used in the finish for the paper. As a result,

5 reasons of make in contruction a ppc

what is isoquant ?

THERE IS PRESSURE ON THE CENTRAL BANK TO INCREASE MONEY SUPPLY WHAT WOULD BE THE EFFECT ON THE MACROECONOMIC VARIABLE

#question.explain three neccessary condition to achieve pareto efficiency.

all information about demand analysis