Find when ac is a minimum

Assignment Help Business Management
Reference no: EM132346152

Consider a general cost function C(q), with Average Cost = C(q)/q. Prove using calculus that the quantity which minimizes the Average Cost function is also at the point where the Marginal Cost equals the Average Cost. Find when AC is a minimum

Suppose firm has a constant marginal product of labor - one additional worker adds four units of output given any initial quantity of workers. What do the average variable and marginal costs look like for this firm? Provide a graph of the MC and AVC.

Reference no: EM132346152

Questions Cloud

Draw a budget line for purchase of new vehicles : a. Draw a budget line for your purchase of new vehicles. b. What is the opportunity cost of one ATV? c. What is the opportunity cost of one snowmobile?
Do you agree with the heritage foundation : Justifying answer with accounting theory do you believe it is a necessary to generate income for the government? Or do you agree with the heritage foundation .
Calculate potential increase or decrease in his annual tax : Calculate the potential increase or decrease in his annual tax liability if the incorporates and operates the business through a regular corporation.
Explain how to account for a change in depreciation method : Briefly explain how to account for a change in depreciation method. Please also explain how each are used be supported with a reference.
Find when ac is a minimum : Suppose firm has a constant marginal product of labor - one additional worker adds four units of output given any initial quantity of workers.
Determine the maximum amount of cash the dean should be : The machine would add to student convenience, but the dean feels compelled to earn an 8 percent return on the investment of funds.
Market purchase of government securities : When the Fed makes an open market purchase of government securities, the quantity of money will eventually decrease by a fraction of the initial change
Attractive incentive for regular workers of a firm : Stock options are often a part of a senior executive's compensation, but not a part of the compensation for a regular worker.
Define the term operating leverage : Define the term operating leverage. What type of effect occurs when the firm uses operating leverage? The response paper should be in APA format.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd