User Account

All Pages

How much must justin charge to avoid shutdown

Assignment Help Microeconomics
Reference no: EM13126623

A new contraption to help you eat yogurt easily while driving, autogurt, is now on the market. It costs Justin $2 in equipment per unit, and takes him approximately 6 min to make. Justin charges $20 per hour. Justin additionally pays an electricity bill of $50 per month.

How much must Justin charge to avoid shutdown?

Reference no: EM13126623

Questions Cloud

How many total hydrogen atoms are in this solution : A solution of ammonia and water contains 3.00×10^25 water molecules and 5.80×10^24 ammonia molecules. How many total hydrogen atoms are in this solution?
Return on investment for the division : The Division is considering purchasing equipment for $40,000 that will increase sales by an estimated $10,000, with annual amortization of $10,000. If the equipment is purchased, what will happen to the return on investment for the division?
Define description of chemical reactions : Description of Chemical Reactions, Why when heating and cooling three different separate substances in open containers does the mass change in two of them (one loss mass; the other gained mass) but stays the same in the third when it is known that..
Illustrate what business risks does jetblue face : Illustrate what business risks does JetBlue face that may threaten the company’s ability to satisfy stockholder expectations? What are some examples of control activities that the company could use to reduce these risks?
How much must justin charge to avoid shutdown : A new contraption to help you eat yogurt easily while driving, autogurt, is now on the market. It costs Justin $2 in equipment per unit, and takes him approximately 6 min to make. Justin charges $20 per hour. Justin additionally pays an electricit..
How advanced accounting has affected : How "Advanced Accounting" has affected you in your professional development as a professional and as a person as well as encouraging you on your academic path.
What is the expected freezing point : What is the expected freezing point of a 0.50 m solution of Li2SO4 in water? Kf for water is 1.86°C/m.
How to conclude that mean weight is less than nine grams : A machine is set to fill a small bottlewith 9gram of a medicine. A sample of 8 bottles revealed the following amount (g) in each bottle. At the .01 sig level, can we conclude that the mean weight is less than 9 grams?
Direct materials purchases : The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.

Reviews

Write a Review

Microeconomics Questions & Answers

  Monopolistic competition and collusion

Describe (include an explanation of economic profit in your explanation). Will price be higher or lower under such the agreement in long-run equilibrium than would be the case if firms didn't collude? Discuss.

  Emerging economic superpowers

Given the global economy, increase of emerging economic superpowers such as China and India, and challenges to remaining competitive in a global world, do you think that American federalism remains relevant?

  Labor market indicator

Discuss why is it difficult to estimate who is and who is not in the labor force? What consequence does this have, if any, for the labor market indicator?

  Factors in michael porter five forces model

What are the major reasons a multinational corporation would engage in Foreign Direct Investment (FDI)? Explain the factors in Michael Porter's "Five Forces Model" which affect the capability of any firm in an industry to earn the profit.

  Global trade association and american gas association

Write down a five paragraph introduction detailing the purposes and activities of the organization. Consider whether there're any groups opposed to them and why.

  Determining profit outcome

A firm is making production plans for upcoming quarter, but the manager doesn't know what the price of the product will be next month. She thinks there is a 30 percent chance price will be $500 and a 70 percent chance price will be $750.

  Construct the new production possibility curve

Calculate the opportunity cost of producing the first 15 houses and what is the marginal rate of substitution between houses and clothing production?

  Calculate the long-run equilibrium values

What happens to equilibrium output and the equilibrium interest rate in the short-run, and equilibrium output and theequilibrium price level in the long-run.

  Advantages of herfindahl index over concentration ratios

What are the advantages of the Herfindahl index over concentration ratios in measuring degrees of concentration in an industry? (b) What is the disadvantage of both?

  Example of resource allocation optimization

Find out the optimal crude oil allocation in the preceding example if the profit associated with fiber were cut in half, that is, fell to $0.375 per square foot.

  Analysis of taxation

Examine of taxation is complex and the issues you should address when looking at taxes are: the revenue increased, the equity of tax, and the efficiency of the tax.

  Regulatory situation - maxwell''s terminology

Oye and Maxwell's terminology is this an example of a "Stiglerian" or an "01- sonian" regulatory situation? Carefully explain your reasoning.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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