Customer Service Chat
Get quote & make Payment
Short run costs, Economics, Microeconomics
A film studio in Hollywood produces movies according to the function
q = F(K;L) = (2=100)K^0.5L^0.5
In the short run, capital (studios, gear) is xed at a level of 100. It costs $40 (in thousands) to
rent a unit of capital and $10 (in thousands) to hire a unit of labor (actors, stuntmen, camera crew
What is the fixed cost? What is the variable cost as a function of output q?
(b) What is the marginal cost (MC) and the average cost (AC) of a movie? What is the average
variable cost and average fixed cost?
Posted Date: 1/31/2012 2:06:13 AM | Location : United States
Ask an Expert
Short run costs, Economics, Assignment Help, Ask Question on Short run costs, Economics, Get Answer, Expert's Help, Short run costs, Economics Discussions
Write discussion on Short run costs, Economics
Your posts are moderated
Write your message here..
Social cos benefit analysis, its elements , scope calculation
its elements , scope calculation
Project occurs over a time period without inflation, Answer in true or fals...
Answer in true or false 1. "Improvements in environmental quality of a recreational site will, all other things being equal, increase consumer surplus of individuals that visit
The demand curve of monopoly, when does price and output determined in the ...
when does price and output determined in the unregulated monopoly
What are economies of scale and diseconomies of scale, What are economies o...
What are economies of scale and diseconomies of scale? In economics, returns to scale and economies of scale are terms that are related and sometimes incorrectly used intercha
Causes of inflation, Causes of inflation: Excessive growth in wages ...
Causes of inflation: Excessive growth in wages relative to productivity can cause inflationary pressures. This causes aggregate demand to increase relative to aggregate supp
Monopoly, what the third degree price discrimination with case study of two...
what the third degree price discrimination with case study of two successfull and unsuccessfull cases?
Copper, Around 2007, the world copper price was $2.00 per pound and 12 mill...
Around 2007, the world copper price was $2.00 per pound and 12 million metric tons per year was the quantity transacted. A) Assume copper’s demand elasticity is -.5 and supply elas
Oligopoly, what are the factors causing oligopoly market?
what are the factors causing oligopoly market?
A potato chip industry, run a s monopoly how will this benefit stakeholders...
run a s monopoly how will this benefit stakeholders involved, such as the goverment, businesses, and consumers?
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.