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. Suppose a firm has the total cost function
C(Q)=100+2Q+(1/2)Q^2
a)find the firm's marginal cost function
b) find the firm's average total cost function
c)the fact that the total cost function takes the value 100 at Q=0 tells you something about variable cost. Find the firm's average variable cost function.
d) Suppose production price is 20. The firm views that price as beyond its control. How much will the firm produce if it wants to maximize profit?
e) Now suppose price continues to be 20 and suppose the government imposes a tax of T dollars (to be paid by firm) on every unit the firm produces. what values of T must the government avoid if it wants to collect any tax revenue at all?(continue to assume that the firm choose its product quantity so as to maximize profit).
Discuss income elasticity as it pertains to inferior goods and to normal goods (sometimes also called superior goods).
Compute point elasticities at prices of 5 and 9. Is the demand curve elastic or inelastic at these points.
Illustrate what is the graph among utility and income,when marginal utility of income increases or deminishes.
Illustrate what do you think about the relationship between tort law and commercial productivity in the United States. Do you believe that companies should enjoy greater protections against potential tortfeasors.
A nominal rate of 14% should be used as the MARR. What equivalent annual interest rate is the second contractor offering? Which contractor’s offer would you accept? Repeat the analysis with the NPV technique.
Your bank has the total asset of $120 million, and the total liability of $90 million. The duration of assets is 2.5, and the duration of liabilities is 1.3 years. What happens to its net worth (NW)?
Explain what percentage change in the price of each of the three goods. Using a method similar to the consumer price index, compute the percentage change in the overall price level.
What must the jackpot be before the expected payoff is worth your $1 Bet? Assume that the state takes 60% of the jackpot in taxes, that no one else is a winner, and you are risk-neutral
q.a company is considering buying a new machine. two different models are available on the market.marr is 10.data
How much will total output increase in terms of percent? What happens to the rental price of capital? What happens to the real wage?
q.rooster4u and clucks are huge fast food chains that sell chicken lunch specials. although both lunches include 2
Elucidate what is michelle's opportunity price of producing 200 potatoes in a year. what is michelle's cost of producing 50 chickens in a year.
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