Which has a minimum efficient scale records per month

Assignment Help Econometrics
Reference no: EM13214462

The Criminal Records Corporation is operating at its minimum efficient scale, selling 10,000 records per month via late-night cable TV advertising. It currently buys pressed records from Hole-in-the-Middle, Inc., which has a minimum efficient scale of 100,000 records per month. Which of the following should Criminal Records do?

Reference no: EM13214462

Questions Cloud

How consumers are reacting about the lower pricing : After Halloween some stores offer discounts on goods. What can we say is happening to the demand or supply curve for prices to come down What can we say about how consumers are reacting about the lower pricing
Explain what is the volume of the air space : What is the volume of the air space when the bell has been lowered to a depth of 50m? Take the density of sea water to be 1.025gcm^-3 and assume that the temperature is the same as on the surface
Compare the relative productivity with the wage ratio : US Output: 100 units Labor: 20 workers Wages: $3 Exports:$90 UK Output: 50 units Labor: 20 workers Wages:$2 Exports: $45 1.) Compare the relative productivity with the wage ratio 2.) Then calculate the ratio of the two exports.
Explain long-live radioactive isotope of technetium : Technetium-99 is a long-live radioactive isotope of technetium. Each nucleus decays by emitting one beta particle. What is the product nucleus?
Which has a minimum efficient scale records per month : The Criminal Records Corporation is operating at its minimum efficient scale, selling 10,000 records per month via late-night cable TV advertising. It currently buys pressed records from Hole-in-the-Middle, Inc.
Explain strong base and a weak acid that react : For the complete neutralization reactions between the following pairs of acid and bases, which pair is a soluble, strong base and a weak acid that react to form an insoluble salt?
Derive the functional relationship between the no arbitrage : Derive the functional relationship between the no arbitrage values of the two vertical spreads, C(K1)-C(K2) and C(K2)-C(K3)?
What is probability that at least 4 will pay : On amazon.com, 45 percent of customers pay by American Express credit card. Suppose we have a sample of 5 customers, what is the probability that at least 4 will pay by American Express
Determine whether the project should be undertaken : The firm is an ongoing profitable business and pays taxes at a 30% rate in the year of income. It uses a 15% discount rate on the new project. Using the NPV approach, determine whether the project should be undertaken.

Reviews

Write a Review

Econometrics Questions & Answers

  What is the shape of sampling distribution of sample mean

A population of students spends an average of $8 a day on dinner. The standard deviation of the expenditure is $4. A simple random sample of 64 students is taken. shape of the sampling distribution of the sample mean

  What is the irr on the incremental investment

A company is considering purchasing a fleet of delivery vans which are available with either a diesel or gasoline fueled motor. The gasoline powered van has an initial price of $29,750, the diesel powered one costs $32,250. Both vehicles have a sa..

  Determine what is the stocks beta and rate of return

A stock has a required return of 11%; the risk-free rate is 4%; and the market risk premium is 6%. What is the stock's beta Round your answer to two decimal places.Portfolio required return Suppose you are the money manager of a $4.89 million inves..

  How many popsicles will be sold each day

ADVANCED ANALYSIS Currently, at a price of $1 each, 100 popsicles are sold per day in the perpetually hot town of Rostin. Consider the elasticity of supply. In the short run, a price increase from $1 to $2 is unit-elastic (Es = 1.0). So how many p..

  Multiple choice - economics and management review

Determine when the exponents of a Cobb-Douglas production function sum to more than one, the function exhibits

  What are bobbys implicted cost of selling pianos

of this sales revenue he must pay the manufacturer a wholesale cost of $620,000 he also pays wages and utiilty bills totaling $210,000 if he doe not operate this piano business he can work in an accounting firm and recieve an annual salery of $45,..

  Who among the three will make the investment

Alvin's utility function is U(W) = W. Barry's utility function is U(W) = W^2. Carl's utility function is U (W )= sqrt(W) . Each has wealth of only $100. An investment of that $100 has a 10% chance of netting $1,000 and a 90% chance of netting a lo..

  What will be the balance on the account after 6 deposits

You deposit today $4500 dollars in an account that pays 3.9 percent per year. For the next few years you will keep making deposits 7.3 percent larger than the previous one. What will be the balance on the account after 6 deposits.

  What is a subgame-perfect nash equilibrium proposal

The other 99 players then vote on whether to split the pie in that way or not. If a majority of them (that is 50) vote for the split, then the split is implemented, each player obtaining the proposed share. If a majority vote against the split.

  Explain steady rate

Matt Christpher is a 25 year old mechanical engineering and his salary next year will be $60,000.Matt expects that his salary will increase at a steady rate of 5%per year until his retirement at age 65.

  What is the required endowment of engineering firm

An engineering firm wants to sponsor a new lab at the local university. This requires $2.5 Million to construct the lab, $1.2 Million to equip it, and $600,000 every 5 years for new equipment. What is the required endowment if the university will ..

  What is probability that the survey will provide a sample

People end up tossing 12% of what they buy at the grocery store (Reader's Digest, March, 2009). Assume this is the true population proportion and that you plan to take a sample survey of 540 grocery shoppers to further investigate their behavior.

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