User Account

All Pages

What is the firm''s average cost of producing 500 units

Assignment Help Microeconomics
Reference no: EM13877368

Consider a firm with the total cost function TC = 0.00025Q3- 0.10Q2+ 20Q + 4000

(a) What is the firm's average cost of producing 500 units?

(b) What is the firm's marginal cost of producing 500th unit?

Reference no: EM13877368

Questions Cloud

Find the volume of a solid : Find the volume of a solid under the graph of Z=3x2+3xy over the  rectangle R={x,y)/0≤x≤1,1≤y≤1}
Write average and marginal functions of the maintenance cost : The maintenance cost of capital equipment-machineries, tools, and buildings- increases as they get older. Assume the maintenance cost of capital equipment, M(t), for a manufacturer is given by M(t) = 30 t3 + 5000 t + 400 where t is years of equipm..
What is a post closing trial balance : What is a post-closing trial balance? Is it a useful part of the accounting cycle? Explain.
How would you convince her for the importance of process : The owner of a local business complains that the adjustments process consumes a lot of time and delays reporting month-end financial results. How would you convince her of the importance of this process?
What is the firm''s average cost of producing 500 units : Consider a firm with the total cost function TC = 0.00025Q3- 0.10Q2+ 20Q + 4000 - What is the firm's average cost of producing 500 units?
Relationship between language and thinking : The Relationship between Language and Thinking" Please respond to the following: Describe a conversation when a disparity between form and intent occurred as a result of one of the problems of language explained in the Web text
What is the long-run price established in the market : Assume all firms operating in a competitive market have the following total cost function: TC = 2Q2- 8Q + 60  -What is the long-run price established in the market?
Discuss the key differences between revising and editing : Discuss the key differences between revising and editing.Provide an example of what a writer does when revising, and what a writer does when editing. Explain how much time you believe a writer should spend on each task and why.  Sources APA
Relationships between adjustments and the time period : Explain the relationships between adjustments and the following Chapter 3 concepts: (a) The time period assumption, (b) The revenue recognition principle, and (c) The expense recognition principle.

Reviews

Write a Review

Microeconomics Questions & Answers

  Fiscal policy if the feds policy is successful in keeping

if the fed3939s policy is successful in keeping real gdp at its potential level in 2015 state whether each of following

  1 consider a market for an electronic component used in

1. consider a market for an electronic component used in airport radar systems. two firms hold a patent on the

  Federal funds rate in order to achieve macroeconomic

Federal Funds Rate in order to achieve macroeconomic objectives.

  From perspective of the social planner with utilitarian

andy and beth are neighbors in a small duplex. in the evenings after work andy enjoys practicing the tuba while beth

  The explanation of why or why not trade with other

a circular flow diagram that includes the government sector. for this part of your paper you should include a

  For figure demand with zero transaction costs is q1s 50-p

for figure demand with zero transaction costs is q1s 50-p and supply is qs -7 2pa verify all of the prices and

  The e-activity presents two contrasting points of view the

the e-activity presents two contrasting points of view. the employees who have been laid off and weyco incorporated

  Pollution is considered by most a negative externality some

pollution is considered by most a negative externality. some economists would like to see the costs of these burdens

  Explain domestic-currency price

on what does the domestic currency price of a nation's imports depend? what would happen to the domestic-currency price of a nation's imports increases and the nation's currency depreciates?

  Using supply and demand graphs illustrate

Monthly cell phone charges used to be as much as 120 a month, but nowadays you can receive similar cell phone coverage for as low as 30 per month, and the number of cell phone users has increased dramatically. Using supply and demand graphs illustrat..

  Governments often claim that they impose high taxes on

governments often claim that they impose high taxes on products like cigarettes because smoking is bad for your health.

  Can someone please help me do a ppf graph as well how to

can someone please help me do a ppf graph as well how to get the following calculationscorn

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd