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!
Marginal Revenue and Marginal Cost
A firm has marginal revenue M R = $70 and marginal cost M C = $20 + Q. Fixed costs are $175.
(1) If the firm is currently producing 30 units, what are its marginal cost and marginal revenue at the current output level?
(2) Is the firm maximizing profits? If so, how can you tell? If not, what can the firm do to increase profits?
Arrival rate of customers and processing times of customers each have a coefficient of variation = 1.0. On average, how many customers are standing lines.
A sporting goods store has estimated the demand curve for a popular brand of running shoes as a function of price. Compute demand elasticity using the midpoint formula.
Illustrate why are second hand goods not included in the value of national income.
Illustrate what if accidents costs decrease with precaution. Explain how does this affect efficient level of precaution. Explain.
Describe the output level where average variable costs are minimized. Determine the output level where marginal costs are minimized.
Suppose that expectation of reducing housing values cause households to decrease their demand for new houses and the financing that accompanies it.
What do you think he would suggest as an economic plan for our economy. Would they agree or disagree with the current policies.
Elucidate what other evidence could a manager look for to infer whether a market is in equilibrium. What are possible causes of the shortage.
Selling stocks. Suppose you have two stocks A and B. One falls in price and or increases. If you only care about rates of return, which one should you sell?
Illustrate what has presidents immediately under the principles of immediate wants of the nation also mandate from the people.
Draw his budget constraint in terms of S and T. What is the slope of the budget constraint and how does it relate to the relative price.
What would happen to the value of gold if people discovered that it could easily be made at home from inexpensive materials
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