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..
Calculate the keynesian multiplier and short run equilibrium, The governmen...
The government notices that there is an output gap and decides to increase government spending with a stimulus package of $4 trillion in hopes that it will spur growth and stop une
Expenditure trends and pattern, Expenditure Trends and Pattern: Total ...
Expenditure Trends and Pattern: Total expenditure of the Centre has risen twice as fast as total revenue, although much of this reflects rising interest payments. Revenue expe
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
Production, when average product is decreasing, marginal product is?
when average product is decreasing, marginal product is?
Applied Economics Homework Need Answers, Florida citrus mutual, an agricult...
Florida citrus mutual, an agricultural cooperative association for citrus growers in Florida, needs to predict what will happen to the price and output of Florida oranges under the
Incomes rise, Normal 0 false false false EN-IN X-NON...
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4
Bain limit price theory, #question.case study of bain limt price theory
#question.case study of bain limt price theory
Bandwagon effect - network externalities, The Bandwagon Effect - This i...
The Bandwagon Effect - This is desire to be in style, to have a commodity because almost everyone else has it, or to indulge in it. - This is major objective of marketing an
Compensared demand function, What are the properties of compensared demand ...
What are the properties of compensared demand function
Replacement demand, The total demand consists of: 1. New owner demand an...
The total demand consists of: 1. New owner demand and 2.A replacement demand The replacement demand tends to grow with the in the total stock with the consumers. Once a pe
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
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.