Economics
- 👍
- 👎
- 👁
Respond to this Question
Similar Questions
-
Economics
An industry currently has 100 firms, all of which have fixed costs of $16 and avg. variable cost as follows: Q Avg. Variable Cost ($) 1 1 2 2 3 3 4 4 5 5 6 6 a. Compute marginal cost and avg. total cost. b. the price is $10. what
-
Economics
A monopoly firm faces a demand curve given by the following equation: P = $500 − 10Q, where Q equals quantity sold per day. Its marginal cost curve is MC = $100 per day. Assume that the firm faces no fixed cost. You may wish to
-
Math
A caterer charges a fixed cost for preparing a dinner plus an additional cost for each person served. You know that the cost for 100 students will be $750 and the cost for 150 students will be $1050. Find the caterer's fixed cost
-
math
find expressions fr the revenue, cost, and profit from selling x thousand items: item price: $2.00 Fixed cost; $214,448 Variable Cost: -3x^2 + 3480x - 100 COuld anyone help me out? this is for my review for the final exam. ty in
-
Economics
The accompanying table shows a car manufacturer’s total cost of producing cars: Qty |TC| Variable Costs| Avg. Var. Costs| Avg. Total Costs| Avg. Fixed Costs 0 |$500,000| ---- | ---- | ---- |---- | 1 |540,000 | 2 |560,000 | 3
-
Microeconomics
A perfectly competitive industry has a large number of potential entrants. Each firm has an identical cost structure such that long run average cost is minimized at an output of 10 units (qi=10 ). The minimum average cost is R5
-
Economics
1. Your roommate's long hours in chem lab finally paid off--she discovered a secret formula that lets people do an hour's worth of studying in 5 minutes. So far, she's sold 200 doses and faces the following average-total-cost
-
economics
This is going to be really long, but I want to see if my answers are correct. This is problem number 10.10 in my Intermediate Microeconomics book. A perfectly competitive painted necktie industry has a large number of potential
-
economics
suppose a competitive market consists of identical firms with a constant long run marginal cost of $10. Suppose the demand curve is given by q=1000-p a)What are the price and quantity consumed in the long run competitive
-
economics
perfectly competitive industry. Each firm having identical cost structures. long-run average cost is minimized at an output of 20 units. Minimum average cost is $10 per unit. total market demand is Q=1500-50P. What is the long-run
-
Micreoeconomics
1. Assume a perfectly competitive constant cost industry, currently in long-run equilibrium. Market demand in the industry is given by Q = 1500 - 25P. The short-run market supply curve is given by: Q = 15P - 100 for P B 10 = 0 for
-
maths
A printer charges a fixed setup cost plus $15 for every 100 cpoies if 300 copies cost $75 ,how much will 1000 copies cost
You can view more similar questions or ask a new question.