Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Dave's Fresh Catfish is a northern Mississippi farm that operates in the perfectly competitive catfish farming industry. Dave's short-run total cost curve is STC(Q) = 400 + 2Q +0.5Q2 , where Q is the number of catfish harvested per month. The corresponding short-run marginal cost curve is SMC(Q) = 2 + Q. All of the fixed costs are sunk.
a) What is the equation for the average variable cost (AVC)?
b) What is the minimum level of average variable costs?
c) What is Dave's short-run supply curve?
1. Use these combinations for parts a and b: COMBINATION BASKETS POUNDS OF FOOD PREFERENCE A 1 1 9 B 1 2 6 C 1 3 3 D 2 1 8 E 2 2 5 F 2 3 2 G 3 1 7 H 3 2 4 I 3 3 1 a. If more is preferred to less, which combinations are clearly preferred to other co..
An entrepreneurial mechanical engineer started a tires hredding business to take advantage of of a Texas state law thatoutlaws the disposal of whole tires in sanitary landfills. The cost of the shredder was $220,000.
What is global per capita income today? $
Suppose a particle rolling down (towards the xy-plane) the helix shaped track given by r(t)=(2 cos t, 2 sin t, t) flies off the track when t = pi/4. Determine the point where the particle will hit the xy-plane.
Fourth, based on the trends of the three macroeconomic variables, it assesses how the trends will impact the supply and demand of Tylenol. Include all calculations in an Excel file.
Assume that the average payment percase for the Medicare and Medicaid patients is $3,500. Assume thatHoly Family realizes no payment on its charity care and bad debtcases. Holy Family's contracts with commercial payers are negotiated
Give some examples of scope limitations. What should an auditor do if a limitation on scope is imposed by circumstances beyond the client's control?
At its current short-run level of production, a firm's average variable costs equal $30, and its average fixed costs equal $70. Its total costs at its current production level equal $34,000. a. What is the firm's current output level
The Lone Pine Gold Company (LPG Co.) purchased its corporate headquarters office building for $390,000 in Lone Pine, California on May 18, 2002. After some remodeling and refurbishing that cost $56,000, the company placed this building in service ..
Suppose that the total benefit and total cost from an activity are, respectively, given by the following equations: B(Q)=150+28Q-5Q^2 and C(Q)=100 + 8Q(Note: MB(Q)=28-10Q and MC(Q)=8. What level of Q maximizes net benefits
A painter and the price of a gallon of paint increases from $3.00 a gallon to $3.50 a gallon. Your useage of paint drops from 35 gallons a month to 20 gallons a month. Compute the price elasticity of demand for paint and show calculations.
The price of a good to be sold by a Monopoly is $0.50. The market has an elasticity of demand (n) of 5. a. What is the mark-up and what is the Marginal cost b. What would this look like for a perfectly competitive market
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd