User Account

All Pages

What is the firm''s shutdown price

Assignment Help Microeconomics
Reference no: EM13874406

A firm's short-run total cost is TC =  and its marginal cost is MC = 7,700 - 200Q + Q2. What is the firm's shutdown price?

A. $45
B. $200
C. $1,100
D. $18

Reference no: EM13874406

Questions Cloud

Describe the reasons why they left their home country : Examine this group's initial experience in America and how it changed over time -  Identify when people from this region immigrated and Describe the reasons why they left their home country or countries.
Determine the marginal rate of technical substitution : For each producton function determine the marginal rate of technical substitution of labour for capital and answer "yes" or "no" for each whether the production function will have a diminishing marginal productivity of labour, of capital, and of marg..
What does nims stand for : What does IMES stand for? What are the primary and secondary goals of IMES? What setting is IMES best used?
Adandt company listed the following items : On December 31, 2010, the Adandt Company listed the following items in its adjusted trial balance:
What is the firm''s shutdown price : A firm's short-run total cost is TC =  and its marginal cost is MC = 7,700 - 200Q + Q2. What is the firm's shutdown price?
What happens to the firm''s long-run average : Suppose a firm with a production function Q = KL (where MPL = K and MPK = L) is producing 125 units of output by using 5 workers and 25 units of capital. The wage rate (W) per worker is $10 and the rental rate per unit of capital (R) is $2. What happ..
Connor company income statement information : The income statement information for 2010 and 2011 of the Connor Company (a sole proprietorship) is as follows:
The firm experience economies of scale : The firm's long-run total cost is given by  and long-run marginal cost is given by LMC = 100 - 20Q + Q2. At what output level does the firm experience economies of scale?
What mechanisms would you suggest for recovery and why : Can you explain why incumbents should or should not be allowed to recover their stranded assets? What mechanisms would you suggest for recovery? Why?

Reviews

Write a Review

Microeconomics Questions & Answers

  1 of us firms with less than 500 employeesnbsp less than

1. of u.s. firms with less than 500 employeesnbsp less than 25 export less than 40 export less than 5 export over 50

  What is the expected value of richard''s payoff if he buys

Richard is deciding whether to buy a state lottery ticket. Each ticket costs $1, and the probability of the following winning payoffs is given as follows: Probability Return .5 $0.00 2.5 $1.00 .2 $2.00 -05 $7.50

  Explain economy is facing a major change

The consumer price index, producer price index, and the unemployment rate are great indicators as to whether or not our economy is facing a major change. Do you think our economy is facing a rise or fall in the next couple years

  Shift in demand curve or movement along demand curve

Sort the following scenarios according to whether they would cause a shift in the demand curve or movement along a demand curve.

  Determine what fiscal policy measure has a more direct

determine what fiscal policy measure has a more direct impact to the economy1. an increase in government spending or2.

  Syria''s gdp recover to pre-conflict levels

How would the current GDP and GDP per capita of Syria compare to the GDP and GDP per capita of Syria before the Syrian civil war broke out? Explain why (in terms of the model presented in the chapter. What could other countries do to help Syria's..

  Question a discuss the following statement in the real

question a discuss the following statement in the real world there is no industry which conforms precisely to the

  Compute the ex-post optimal monetary policy

Compute the ex-post optimal monetary policy

  What are the basic objectives of monetary policy

What are the basic objectives of monetary policy?

  Explain fluctuations in the level of economic activity

Economic fluctuations (or business cycles) are fluctuations in the level of economic activity, relative to a long-term growth trend. Comparing and contrasting the economic fluctuation the United States has experiences from 1990 to current date.

  Whether gdp will be underestimated or overestimated

Production is accompanied by significant spillover costs. The government produces valuable goods and services at a low cost. The cost of living is lower in the country than is typical in the world.

  Are you looking for employment or advancement

Develop a Job Application Cover Letter that highlights and emphasizes why you are the person most suitable for your ideal role - identify the skills and abilities that will move your career forward

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