Customer Service Chat
Get quote & make Payment
Managerial economics, economics, Microeconomics
Below are the two estimated cost functions. describe what type of data was most likely used to estimate each one and why. Explain which is a short- run function, determine the level of output for which the firm encounters diminishing returns to the variable output; and the output level of minimum average variable cost(AVC). For the long run function, determine the smallest plant size which will minimize cost per unit of output.
a. TC=20,000Q-5000Q +0.0Q
b. TC= 150,000+20,000Q-3500Q+0.05Q
Posted Date: 2/5/2012 12:14:58 PM | Location : United States
Ask an Expert
Managerial economics, economics, Assignment Help, Ask Question on Managerial economics, economics, Get Answer, Expert's Help, Managerial economics, economics Discussions
Write discussion on Managerial economics, economics
Your posts are moderated
Write your message here..
Define regressive tax, Q. Define Regressive Tax? Regressive Tax: A tax ...
Q. Define Regressive Tax? Regressive Tax: A tax in that lower-income individuals or households bear a proportionately greater burden of the tax. Sales taxes aretypically consid
What is meant by non price competition, What is meant by non Price Competit...
What is meant by non Price Competition? In which market structure does it exist? None price competition is an effort put by the supplier to earn extra profit without enhancing
Low levels of productivity, Low levels of productivity: In addition t...
Low levels of productivity: In addition to low standards of living, developing countries are characterized by relatively low levels of labour productivity. Throughout the dev
Describe the lucas supply function, Problem 1 : (a) What are the main a...
Problem 1 : (a) What are the main assumptions behind the macroeconomic theory of New Classical Economists? (b) Describe the Lucas Supply function and explain its policy imp
Value chain, V alue Chain It is the collection of activities within...
V alue Chain It is the collection of activities within an organization that allows it to compete within an organization. The activities in a value chain can be grouped into
Monopoly, unique products in monopoly
unique products in monopoly
INDIFFERENCE CURVES, HOW TO REDUCE SMOKING USING INDIFFERENCE S AND BUDGETL...
HOW TO REDUCE SMOKING USING INDIFFERENCE S AND BUDGETLINE
#title., what is iso curve
what is iso curve
Mirginal utility, what is the basis of marginal utility
what is the basis of marginal utility
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
Terms & Conditions
Copyright by ExpertsMind IT Educational Pvt. Ltd.