What is the minimum efficiency scale or output

Assignment Help Business Economics

Reference no: EM13984186

Zeytoon manufacturing company is a foof producer operating out of Orange County California . The management team has estimated the following cost function:

TC = 100,000 + 1,500Q + 004Q2

What is the minimum efficiency scale or output for this company?

Reference no: EM13984186

Questions Cloud

Calculate the equilibrium level of output in closed economy : The behavioral functions are given as follows. C = 20 + 0.8(Y − T); I = 14; G = 20; T = 10; IM = 0.5Y; X = 0.1Y*; Y* = 100where Y is domestic income; Y* is foreign income; C is consumption; T is tax; I is investment; G is government spending; IM is i..

Standard deviations of the two populations : To construct an interval estimate for the difference between the means of two populations when the standard deviations of the two populations are unknown, we must use a t distribution with (let n1 be the size of sample 1 and n2 the size of sample 2) ..

Economically efficient to contract-out : Economically, when is it best for a firm to outsource or contract-out some part of its production? Provide an example of a business task or operation that it would make sense to outsource. Provide an example of a government task that it would be eco..

Steady-state equilibrium faster during post-plague period : In his discussion of post-WWII growth in France, Blanchard describes the effects of destruction of part of a nation's capital stock. Suppose that instead of a decline in the capital stock a country experiences a decline in N resulting from a plague t..

What is the minimum efficiency scale or output : Zeytoon manufacturing company is a foof producer operating out of Orange County California . The management team has estimated the following cost function: What is the minimum efficiency scale or output for this company?

Risk management approach to solve the risk-benefit problem : Name one drawback to using a risk management approach to solve the "Risk/Benefit Problem" of technology that we discussed in class.

Market regarding price and quantity determination : Describe in detail ow a perfectly competitive industry determines the price and quantity. Explain the role of the firm in this market regarding price and quantity determination. Show your answers utilizing a graph for the market as well as the firm.

Fed actions will increase bank lending : Which of the following Fed actions will increase bank lending?

Calculate growth rate of nominal GDP and constant GDP : Calculate the growth rate of nominal GDP and constant GDP for the period 1985-1995. Calculate the growth rate of nominal GDP and constant GDP per capita for the period 1985-1995. What is the current GNP in 1985 and 1995? calculate the growth rate of ..

User Account

All Pages