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The firms's cost function is C(Q) = 100 + 10Q + Q2.a) Determine the efficient scale of production. (Hint: Compute the average cost AC(Q) and determine the level of production, which minimizes average cost.)b) Assuming that the demand is D(P) = 100 - 2P. The regulator chooses average cost pricing. Compute howmany firms can efficiently serve the market and the total amount Q produced. (Hint: It suffices to compute the price at the efficient production level computed in a) to determine whether the inverse demand crosses the average cost function at the left or right of its minimum. At the price equal to the minimum average cost, thecorresponding demand determines the number of firms.)c) Assuming that the demand is D(P) = 15-0.25P. The regulator chooses average cost pricing. Compute how many firms can efficiently serve the market and the total amount Q produced. The same hint as in b) applies to c).
Suppose McDonalds puts up five new stores in San Francisco using exactly the same floor plan, capital equipment, and number of workersthen the long run average cost curve of McDonalds would be and the company experiences
Make an in depth analysis on how your prediction of indicators Gross Domestic Product, Producer Price Index and Retail Sales or PC Retail Sales will effect the Dynamic Random Access Memory industry.
An investment of $10000 generates a net revenue of $15000 per year for 10 years with the salvage values $20000 is this a good investment at i = 10% annually also determine the IRR
Suppose Ben has a utility function U(x,y)= 4 * x^(0.5) * y^(0.8) The price of x is 2 dollars and the price of y is also 2 dollars. Explain WITHOUT USING ANY MATH AT ALL, just in a few words, which good is consumed more. Does Ben buy more x than y.
M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.
Suppose you have some information on a sample of investment bankers, and are interested in impacts of height and of seniority on their success.
GOOD Price yr 1 Quantity of Goods year1 Price yr2 Quantity of goods yr2 Quarts of icecream $6 4 $6 6 Bottles of shampoo $4 2 $4 3 Jars of PeanutButter $3 4 $3 3
Consider the "Odd Couple" game. Felix and Oscar share an apartment, the state of cleanliness of which is a public good. It takes 12 hours of work per week to make the apartment spotlessly clean, 9 hours to be livable, and anything less leaves the ..
Suppose the NPV for the 20-year ring levee is $3 million and the NPV for the 60-year floodwall is $5 million, both discounted at 5%. Calculate the EANB for each project. Then, use the replication method to determine which project should be adopted..
Determine the long-run effects of this on the quantity of capital per worker and output per worker?(b) In the short run, does aggregate output grow at a rate higher or lower than the growth rate of the labor force?(c) After World War II, growth in r..
Suppose the price of widgets falls from $7 to $5 and consumption of widgets rises from 15 widgets a month to 25 widgets. Calculate your price elasticity of demand of widgets. What can you say about your price elasticity of demand of widgets Is it ..
questions are even asking. Would you be able to explain what they are asking as well as provide me with a solution I'm more interested in LEARNING this than just getting the answer, so I really need help with the explanation of how you come up wit..
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