What considering to throw a party to its students

Assignment Help Business Economics

Reference no: EM1356571

The Faculty of Economics and Administrative Sciences is considering to throw a party to its students. The marginal benefits to the students are given by MB=1200-Q2. ( Q is in a way the "party size" representing the intensity of the party, reflecting both the duration of the party and the amount of drinks consumed) marginal private costs are MPC=300. The problem is that the professors also want to attend the party and enjoy the music with the students but they can only attend if they agree to serve beer to the students. Normally, professors do not like this. The marginal cost to them is 200.

Reference no: EM1356571

Questions Cloud

Find the break-even point for each process : Find the break-even point for each process and what is the monthly profit or loss if the company chooses the manual process and sells 70000 bags per month?

Corporate investment analysis : As a new analyst, you have computed the following annual rates of return for both Lauren Corporation and Kayleigh Industries. Your manager suggests that because these companies produce similar products,

Steps in accounting cycle for merchandising company : Determine whether or not the measurement of net income for a merchandising company conceptually is the same for a service company.

Determine the height to which the center of the baton travel : However, as the drawing shows, a plane mirror reflects light from the bird into your camera. If x = 4.2 m and y = 3.9 m in the drawing, for what distance must you set focus of the camera lens in order to snap a sharp picture of the bird's image.

What considering to throw a party to its students : The Faculty of Economics and Administrative Sciences is considering to throw a party to its students. The marginal benefits to the students are given by MB=1200-Q2.

Support group and how the support group functions : Give one example of a Support Group and how the Support Group functions, its purpose, goals, and relevance to the individuals that participate in the Support Group.

Networking with other employees through social networking : In your opinion, how have digital, social networking sites changed how we communicate and engage with other employees? Try to think of both positive and negative influences.

Finding amount of cash received-prepare journal entries : Determine the amount of cash received and prepare the journal entries for (a) the Jan. 1 issuance and (b) the Dec. 31 recognition of interest.

Knowledge valuation and teamwork : Knowledge Valuation is a very interesting concept and a valuable element with any effect team and how do you perceive Knowledge Valuation and what is your overall impression; what is good or bad?

User Account

All Pages