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!
For a French bakery in the short run, explain, in words and using per-unit cost curves (AFC, AVC, ATC, MC) what would happen to the firms per-unit costs if the bakery decides to install a new ceiling fan in the kitchen, other things remaining constant.
Vicki is shopping for books. She prefers Great Expectations to The Chosen and prefers The Chosen to Jurassic Park. She buys Great Expectations and Jurassic Park for a total of $30. Which of the following MUST be true?
Make a price quantity chart for each consumer. Then add a column showing the total quantity demanded for a private good. Next show the quantity price chart showing the total demand for a public good.
Patrick chooses to use his time ‘free-time’: (a) working out or (b) reading. Patrick currently has 20 hours a week to allocate to these two activities. It takes Patrick 1.5 hour to work out and .5 hours to read. Draw Patrick's budget constraint and o..
Explain why some countries use country export restrains (VER) instead of imports quota? List and explain at least there reason as to why countries decide to form regional trade agreements. Why we need to make distinction between large and small count..
A firm has a monopoly on a new type of gaming console. The market demand is given by P=175.3-0.003*Q and thus marginal revenue is MR=175.3-0.006*Q. The monopolist's marginal cost is MC=5.2+0.001*Q. Calculate the profit-maximizing production quantity.
Consider two maple syrup producers that engage in Cournot competition. Inverse demand for maple syrup is given by P(Q) = 16 − Q and the marginal cost of each producer is 4. The two producers compete with each other each period by choosing an amount o..
Suppose movie downloads cost $2 apiece and game downloads cost $3. If the marginal utility of movie downloads at the optimal mix of consumption is 10 utile, what is the marginal utility of a game download?
The managing director of a consulting group has the following monthly data on total overhead costs and professional labor hours to bill to clients: Develop a trendline to identify the relationship between billable hours and overhead costs. Interpret ..
Suppose that Mexican investors decide to pour money (invest) into the US fracking industry. Assume that the US and Mexico have floating currency regimes. Graph the US and HOME starting with BOP=0 at e1. Next, explain and show on the graph the changes..
A new OSHA rule requires that welders be given 2 hour break for every 2 hours of work to prevent carpel tunnel syndrome. Using production theory, explain what will happen to the capital labor ratio in both the short run (when capital is fixed) and..
A firm is said to have excess capacity when:
If there are 110 million people working, 5 million discouraged workers, 10 million receiving unemployment insurance benefits, and 15 million officially unemployed, how many people are in the labor force?
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