What does this do to the marginal cost curve depicted

Assignment Help Econometrics
Reference no: EM131183220

Somebody invents a small machine that electrostatically is able to remove dust from rooms very quickly. What does this do to the marginal cost curve depicted in question 6?

Reference no: EM131183220

Questions Cloud

How many year will it take for real gdp per capita to double : According to the "Rule of 70", how many years will it take for real GDP per capita to double when the growth rate of real GDP per capita is 5%?
Describe the body mechanics that jenny should use : How can Jenny get Mr. Ivy to help her assist him? Describe the body mechanics that Jenny should use to assist Mr. Ivy. What patient education does Mr. Ivy need? What documentation should Jenny provide on Mr. Ivy's record?
How would you assessthe business risk of hih insurance ltd : How would you assessthe business risk of HIH Insurance Limited? - List several inherent risk factors effecting HIH at the financial report leveland whether they would have contributed to anincrease or decreasein theinherent risk assessment.
What will assessing nurse practitioner most likely suspicion : As a result of dehydration, a patient's epithelial cells are producing insufficient amounts of mucus. Consequently, the patient's mucociliary blanket is compromised. Which of the following changes would a care provider most reasonably anticipate a..
What does this do to the marginal cost curve depicted : Somebody invents a small machine that electrostatically is able to remove dust from rooms very quickly. What does this do to the marginal cost curve depicted in question 6?
Write a console application that requests 10 numbers : Write a console application that requests 10 numbers from the user as individual inputs - Each number must be between 10 and 100, inclusive.
What kind of hybridization and bonding : What kind of hybridization and bonding will we find in ethyne, C2H2? PART B: Why does it make sense for the methyl cation and anion to have different hybridizations?
At what value should the land be recorded : "On February 22, Kountry Repair Service extended an offer of $200,000 for land that had been priced for sale at $250,000. - At what value should the land be recorded in Kountry Repair Service's records".
Determine the number of moles of argon : 1. A sample of argon gas at STP occupies 56.2 litres. Determine the number of moles of argon and mass in the sample.

Reviews

Write a Review

Econometrics Questions & Answers

  What is the expected return of migrating to the city

Assume that the going wage in agriculture is normalized at 1. The wage in the formal urban sector is 3. The wage in the informal sector is 0.5. Additionally, 20% of working adults who live in the city are employed in the formal sector. Also, assum..

  Determine the least squares trend line

Use the sales data given below to determine a. the least squares trend line b. the predicted value for 2002 sales c. the MAD d. the unadjusted forecasting MSE Year / Sales 1995 / 130 1996 / 140 1997 / 152 1998 / 160 1999 / 169 2000 ..

  Determine the demand curve in a market in a market

The ABC marketing consulting firm found that a particular brand of portable stereo has the following demand curve for a certain region: Q=10,000-200P+0.03Pop+0.6I+0.2A Where Q is the quantity per month, P is price($), Pop is population

  What is the marginal product of labor-mpl

Suppose the hourly wage is $10 and the price of each unit of capital is $25. The price of output is constant at $50 per unit. The production function is F(L,K)=L^1/2*K^1/2 What is the Marginal product of labor (MPL)

  Why the firm should produce a smaller output

A monopolistically competitive firm produces a level of output at which price equals $80, marginal revenue equals $40, average total cost equals $100, marginal cost equals $40, and average fixed costs equals $10.

  What is the nash equilibrium of the game constructed

Suppose market demand is P = 130 - Q. a) If two firms compete in this market with marginal cost c = 10, find the Cournot equilibrium output and profit per firm. b) Find the monopoly output and profit if there is only one firm with marginal cost c = 1..

  Calculate a trend line and forecast sales for 2008

a. Calculate a trend line and forecast sales for 2008. How confident are you of this forecast . Use exponential smoothing with a smoothing factor w=0.7. What is your 2008 forecast How confident are you of this forecast1998 200 2003 302 1999 215 2004 ..

  What is the cumulative depreciation

Your company has purchased a large ne truck for over thr road use(asset class 0.26).it has s cost basis of $180,000.With additional options costing $15,000,the cost basis for depreciation purposes is $195,000.its ,MV at th end if five years is est..

  Determine the average annual growth rate

Real GDP in the U.S. increased by a% in 2008 and increased by b% in 2009, and increased by d% in 2010. In class, we learned that the average annual growth rate of real GDP for the period 2008-2010 can be (1) approximated as: (a% +b% +d%)/3

  Find the marginal product where diminishing returns sets in

a) Find the Marginal Product and use this information to determine where diminishing returns sets in. b) If labor costs $684 per unit, find the Marginal cost at Q = 30, Q= 50 and Q = 69. Round any decimal answers to 1 place. Explain how these answ..

  Suppose the following data describe output in two different

suppose the following data describe output in two different years. item year 1 year 2 apples bicycles movie rentals

  Calculate the average product of labour

Suppose capital is fixed at 16 units. If the firm can sell its output at a price of $100 per unit and can hire labor at $25 per unit, how many units of labor should the firm hire in order to maximize profits?

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