Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Mini Mine is a small mining firm in Northern Alberta. The going wage rate in the region is $300 per week. The productivity of the workers in the firm, which has a fixed capital stock, is given below.
(a) If the price of ore is $10 per ton determine the optimal employment level for this firm.
(b) Instead of there being many potential workers, suppose that there are only 6 workers who can be hired in the neighbourhood.
If the price of output is still fixed at $300, and the productivity of workers is still defined by the data in the second row, draw the VMPL curve, insert the supply limit and determine the equilibrium wage.
A cupola for a foundry was purchased for $3000.$500 more was spent on its erection and commisioning.The estimated residual value after 10 yeras was $700. A)calculate annual rate of depriciation. B)Determine the amount of depriciation at the end of ..
Suppose that fixed costs increase by $50 but the prevailing market price remains unchanged. Using algebra determine the effects of this change in cost on the profit maximizing output and the optimal profit. Do you see any change from your answer t..
The cost function is given by c=100+20q+4q^4 Provide the output, fixed cost, variable cost, total cost marginal cost, average cost, average fixed cost, and average variable cost using integer values from q=1 to q=4.
The widget market is competitive and includes no transaction costs. Five suppliers are willing to sell at the following prices: $30, $29, $20, $16, and $12. Five buyers are willing to buy one widget at the following prices: $10, $12, $20,$24, and ..
In 2009 General Motors (GM) announced that it would reduce employement by 21,000 workers. What does this decision reveal about how GM viewed its marginal revenue product (MRP) and marginal resource cost (MRC)
dollars per unit = 8.00, 6.00, 5.00, 4.50, 3.00 and Units per Period = 5,000 , 8,000 a) what is the monopolist's profit-maximizing output b)At the profit-maximizing output rate, what are the monoplist's average total cost and average revenue
1. in the x11 multiplicative decomposition method yt x c x s x e an ma 3 smoother is applied to the estimated
3-defective electric toothbrushes were accidentally shipped to a drug store called Clean brush items along with seventeen non-defective ones.
a hospital emergency room needs the following numbers of nurses: Day Mon. Tue. Wed. Thur. Fri. Sat. Sun. Min no. 4 3 2 4 8 6 4Each nurse should have two consecutive days off.
Create a log-linear model using the data as well. What is this function? Use the MWD test to decide which model is more appropriate. Predict output using a standard linear model. What is the function?
Pulp can be bought in the open market for $25 per ton. The marginal cost of converting pulp into paper is MC= 5 + 5Q, and the demand for paper is P = 135-15Q. Calculate the marginal cost of paper if the company produces its own pulp.
Prove that a uniform standard will not meet the cost-effectiveness criterion.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd