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the long-run production function for a firm producing skateboards is Q3-40q2+430q where q is the number of skateboards per week.
a) what is the general shape of this total cost function
b) compute the average cost function for skateboards? what shape does the graph of this function have? at what level of skateboard output does average cost reach minimum? what is the average at this level of output
What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution
Product Y can be sold at a profit if $100 per unit, and product K can be sold at a profit of $25 each.
Justify your answer using at least two analytical techniques and presenting the information graphically.
Illustrates what are the advantages of utilizing the funds in the construction process.
Monumental architecture is unique to individual cities, illustrate what does the structure imply about the socio- economic also political organization which created it.
The saying "Give a person a fish also he shall eat today; teach a person to fish also he will eat forever" is most consistent with.
Which determinant of demand changes in the personal Computer marketplace as more persons become interested
Alejandro scoobert owns a store specialization in soccer jerseys. Illustrate what was the value added to Alejandro store in 2008.
If Professor P chooses x and s to maximize her utility subject to the constraint that Mr. A is willing to work.
Elucidate the process and causes by which each of the following economic events will move the economy from one long-run macroeconomic equilibrium to another. Use the diagrams below, resizing them as necessary.
The factory operation creates smoke that affects nearby homeowners, causing respiratory ailments and similar problems.
Explain how can multiplier have a -ve effect. What is the relationship among the multiplier as well as the marginal propensities.
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