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!
Q. Numerous "hookah bars" at which patrons can pay to utilize water pipes to smoke regular also flavored tobaccos have popped-up around the country. Hookah bars are particularly popular with college student's
a. Assume which the market for the service of hookah bars is in long-run equilibrium. Then two events occur: (1) more cities end regulation which had generated fixed cost for hookah bars also (2) many nonstudent adults discover previous unknown preferences for the services of hookah bars. Utilize diagrams to trace through the short-run effects on the market price of hookah bars services, the marginal revenue also marginal cost of these services at a typical hookah bar also the equilibrium quantity of services provided both by a typical hookah bar also by the hookah bar industry.
b. Redraw your diagrams Elucidate how the situation at conclusion of your answer to part (a). Utilize these new diagrams to Elucidate the long-run which will take place in this industry.
Make sure to make available examples of real world to strengthen your position of wherever this might be case
If the marginal cost of planting and harvesting an acre is $7000 per acre for each of the five acres, how many acres should the farmer plant and harvest.
Suppose that in the 1990's, the average retail price of a roll of Kodak film was $6.95 and that Kodak's marginal cost was $3.475 per roll. Based on this information, discuss industry concentration.
If you were a manager in a tobacco company, analyze the elasticity of demand for tobacco products. Evaluate the factors involved in making decisions about pricing tobacco.
Wwhat is the equivalent annual worth of costs for the website over a total of 6 years at an interest rate of 12% per year.
the demand for electricity and the concept that nuclear is cleaner than coal and who the special interest groups are that's involved
What are the informing factors of global interdependence, including the economic factors, political dynamics and cultural differences.
Calculate the over all MC for the 1st 10 units of output also Specify where each successive unit will be produced.
Viennese artist Gustav Klimt's Portrait of Adele Bloch- Bauer was sold in New York for $135 million. Illustrate using supply and demand curve.
Describe what would happen if an outside agency determined the prices eBay could charge.
What can you provide as advice to a manager concerning their choice on the quantity of labor and quantity of capital.
Global studios are thinking of producing a mega film, Aqua world, which could be a mega hit or a mega flop.
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