Why the marginal cost curve is upward sloping

Assignment Help Business Economics
Reference no: EM131084702

Give two reasons why the marginal cost curve is upward sloping. You will want to use a graph(s) as part of your answer. Be sure to explain in words what your graph(s) are showing.

Reference no: EM131084702

Questions Cloud

Scale the resultant image pixel value to the range 0 to 255 : Scale the resultant image pixel value to the range of 0 to 255.
Used drive up window for banking : If you've ever used a drive up window for banking, you've probably noticed that the buttons have Braille dots on them. This is puzzling because blind people don't drive cars and don't use drive through banking. Why is it that keypad buttons on drive ..
Continuous random variables with joint pdf : Following Example 4.21, let X and Y denote the arrival times of the first two calls at a telephone switch. The joint PDF of X and Y is
Most common form of colorblindness : The most common form of colorblindness is inherited on the X chromosome. If a colorblind man and a woman who is a carrier for colorblindness have a child, what is the probability that the child is a colorblind male?
Why the marginal cost curve is upward sloping : Give two reasons why the marginal cost curve is upward sloping. You will want to use a graph(s) as part of your answer. Be sure to explain in words what your graph(s) are showing.
Describe key feature of particular multinational corporation : Describe the key features of a particular multinational corporation. Explain a particular multinational corporation's effect on the political arena in the countries in which it is located.
Draw a supply and demand diagram for the corn market : Draw a supply and demand diagram for the Corn market showing this equilibrium. Draw a diagram for a typical firm in its initial long run equilibrium, showing its Marginal Cost, Average Total Cost, and Long Run Average Cost curves. Are any profits bei..
Training from pizza-opportunity cost of making : Joseph can initially produce 10 pizzas or 5 cakes. After some training from a pizza-making expert, his opportunity cost of making. (a) cakes will remain unchanged (b) 1 cake will become less than 2 pizzas (c) 1 cake will become equal to 1 pizza (d) 1..
A company receives shipments from two factories : A company receives shipments from two factories. Depending on the size of the order, a shipment can be in 1 box for a small order,

Reviews

Write a Review

Business Economics Questions & Answers

  Older constitute one large consumer market

Is it practical to assume that people age 55 and older constitute one large consumer market? How can marketers segment this age subculture? What are some important variables to keep in mind when we tailor marketing strategies to older adults?

  Find a equaltion relating planned aggregate expenditure

Find a numerical equaltion relating planned aggregate expenditure to output and to the real interest rate.

  Impose restriction on international capital flows

Many economies impose restriction on international capital flows. Assuming that such restrictions limit the scope for arbitrage between domestic and foreign bonds, thereby effectively making such bonds poorer substitutes for each other, explain how t..

  How the price earnings ratio was attractive and unfavorable

Research any two publicly traded companies, looking for one that has an attractive price earnings ratio and one that has an unfavorable price earnings ratio. Explain how you knew the price earnings ratio was attractive and unfavorable.

  Best-selling author decides to cash in on her latest novel

A best-selling author decides to cash in on her latest novel by selling the rights to the book’s royalties for the next six years to an investor. Royalty payments arrive once per year, starting one year from now. In the first year, the author expects..

  Money supply not increase by the maximum possible amount

If the required reserve ratio is 10% and $1,000 of new bank reserves are created by the Federal Reserve, what is the maximum potential increase in the quantity of money in the economic system (not just the money created by the banking system but the ..

  Evaluate how average total and marginal costs change

Evaluate how average, total, and marginal costs change as the output of a good or service of your choice increases. Can economies of scale be maintained despite high start-up costs.

  Discuss each of the pricing strategies

Discuss each of the pricing strategies below. What conditions are necessary to make each strategy successful in terms of increasing profits?

  Correlational-quasi-experimental and experimental

The types of quantitative research are descriptive, correlational, quasi-experimental, and experimental. How do these research types differ relative to the influence of bias, control, and manipulation? Is it possible to conduct true experimental rese..

  Benefits and costs to nation of higher trade barriers

A descriptive essay on "what are the benefits and the costs to a nation of higher trade barriers? Which are greater: the benefits or the costs? What impact would a dramatic increase in the world price of oil have on the national?

  Which factors of globalization is involving quality

Which factors of globalization is involving quality. How might globalization involve your product or service also organization as it tries to achieve quality.

  Communities growing closer together

Do you see our communities growing closer together or further apart. One page double spaced.

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