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!
Q1. Your cousin Zenzo owns a painting company with fixed costs of P200 and the following schedule for variable costs:
QUANTITY OF HOUSES PAINTED PER MONTH1 2 3 4 5 6 7
Variable costs P10 P20 P40 P80 P70 P65 P64 Calculate, average variable cost, average fixed cost and average total marginal cost for every amount. Explain what is the efficient scale of the painting company if one house costs P300 to be painted?
Q2. Healthy Ozenzo's Juice Bar has the following cost schedules:Q (VATS) VARIABLE COST TOTAL COST0 0 301 10 402 25 553 45 754 70 1005 100 1306 135 165
a. Find the fixed cost?
b. Calculate average variable cost, average total cost, and marginal cost for each quantity
c. Graph all three curves. What is the relationship between the marginal-cost curve and the average total cost curve? Explain relation among the marginal-cost curve and the average-variable-cost curve?
All farmers in Trivialand are self - employed and sell all of their wares to Super Duper. Elucidate the costs incurred by all of Trivialand's busines.
Discuss the pros and cons of annuities when compared with other financial instruments and whether they provide a better investment opportunity for some people.
Calculate the firm's optimal output and profits if prices rise to $65 per unit and also calculate equilibrium output, price and profit levels if the firm is typical in its industry.
How large is the bias in the CPI due to not immediately incorporating new goods.
If the market price of the product is 270, how much output should the firm produce in order to maximize profit. How much profit will this firm make.
Consider what you have learned about the root causes, as identified by leading economic thinkers and policymakers.
What reliance performance would be measured efficient. Elucidate reliance behavior which would be considered excessive.
What is the relationship between marginal cost and marginal revenue when single-price monopoly maximize profit.
Wal-Mart is often criticized for importing many of the goods they sell. Why do they buy goods from foreign markets.
You read in a business magazine that computer firms are reaping high profits. Assume that the computer market is perfectly competitive.
Compare social welfare under the bribe with social welfare in the case where the police officer always abides by the law.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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