Vipsana gyros house sells gyros

Assignment Help Microeconomics
Reference no: EM13697512

Vipsana's Gyros House sells gyros. The cost of ingredients (pita, meat, spices, etc.) to make a gyro is $2.00. Vipsana pays her employees $60 per day. She also incurs a fixed cost of $120 per day. Calculate Vipsana's Variable cost per day when she produces 50 gyros using two workers?
Why the answer is $220? I don't know how to get this answer?

Reference no: EM13697512

Questions Cloud

Unique adaptations to a particular environment : Question: Select two organisms (plant or animal) that represent unique adaptations to a particular environment.
Distinguish between deductive and inductive criminal profile : 1. Distinguish between deductive and inductive criminal profiling and provide examples of each. 2. Have FBI Criminal Profilers empirically established the reliability of their profiling methods. Why or why not?
Describe what happens to investment : Describe what happens to investment, private saving, public saving , and national saving. Compare the size of the changes in the latter to the $20 billion of extra government savings.
.why is the depreciation of capital good a cost of society : 1).Why is the depreciation of capital good a cost of society? In what ways does a person's health depreciate? 2).Why might older people's health care expenditures increase in the Grossman model even though their desired health stocks may be lower?
Vipsana gyros house sells gyros : Vipsana's Gyros House sells gyros. The cost of ingredients (pita, meat, spices, etc.) to make a gyro is $2.00. Vipsana pays her employees $60 per day. She also incurs a fixed cost of $120 per day. Calculate Vipsana's Variable cost per day when ..
The united states is on the flat of the curve : What evidence is there to suggest that the United States is on the "flat of the curve" in health production? Is a typical developing country likely to be on the flat of its health production function? Discuss the differences.
Microeconomic analysis : Each individual determinant analyzed for your situation, with examples applicable to your situation (5 points each) and research (3 points each) showing current Demand data or most recent past data, except for the Expectations Determinant in wh..
Calculate the tower height and what are the values of f : Calculate the tower height, Z, and tower diameter, D, needed so that the Z/D ratio is about 4 and at this optimum condition, what are the values of f, Tez, and air flow rate, G?
A negative mean change in the lhs variable in the absence : A negative mean change in the LHS variable in the absence of a change in the RHS variable since you subtract the earlier period from the later period b. that the panel estimation approach is flawed since differencing the data eliminates the consta..

Reviews

Write a Review

Microeconomics Questions & Answers

  Find out expected value and standard deviation for npw of

dayton metal corporation dmc a medium-sized manufacturer of fabricated metal parts is considering whether to enter the

  Explain why firms short run production has rational stage

Using the information from the completed table and the graph to identify the three stages of production and explain why the firm's short run production has only one 'rational' stage of production

  What is the value of consumer surplus

Assume that the demand curve is given by the following: p=100 and the supply curve is given by Q=p-25. If the government puts in place a tax of 10 that must be paid by the buyer the deadweight loss that results is equal to:

  What is the maximum capital cost

What is the maximum capital cost of the conversion unit for which a refiner should proceed with the investment and what does this tell you about the significance of estimating future product prices?

  Describe if free trade can ever be fair justify the

many americans feel that their jobs at home should be protected and that free trade should be limited. however global

  Asume that required ratio is 20 percent banks customer

suppose that the required ratio is 20 percent. a banks customer deposits into her account 100000 dollars in funds from

  Differences between microeconomics and macroeconomics

What are the main differences between microeconomics and macroeconomics? Provide an example of a microeconomic and macroeconomic phenomenon.

  A analyse a range of current economic issues and problemsb

a. analyse a range of current economic issues and problems.b. develop and communicate economic arguments in a variety

  How do you draw the indifference curve and how do you find

A user has the utility function U(x1,x2)=min{x1,2x2}, and his endowment is W=(0,12)

  The relationships between macro variables of inflation

1. Using the relationships between macro variables of Inflation, Income and wage rate, technology, unemployment, and interest rates related to Comcast, develop a short-term (about one year) outlook for Comcast.

  Mikes utility for consumption and leisure is ucl c times

mikes utility for consumption and leisure is ucl c times l so that his marginal rate of substitution between leisure

  Explain complex assembly operation

In a complex assembly operation, it is found that the learning curve rate is 70%. The standard time of 3 minutes per assembly is reached after the 110th unit. Find i. The time required for the very first unit.

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