User Account

All Pages

Assuming the firm wants to maximize its profits

Assignment Help Basic Computer Science
Reference no: EM132271784

a. A firm has increasing returns to scale and is making profits. The government is concerned that the firm has grown too big, and splits it into two smaller firms of equal size. What effect would this have on overall profits?

b. If p MP1 < w1, should the firm increase or decrease the amount of factor 1, assuming the firm wants to maximize its profits?

Reference no: EM132271784

Questions Cloud

Operational lag of fiscal policy is reflected in events : Refer to the above information. The operational lag of fiscal policy is reflected in events:
What are some good ways to remember : What are some good ways to remember different econ formulas and terms?
Draw the demand and supply schedules : Examine the table given; draw the demand and supply schedules and determine equilibrium quantity and price
Describe a few tips for writing a comprehensive report : Describe a few tips for writing a comprehensive, professional MET Report. What can one do to prepare?
Assuming the firm wants to maximize its profits : If p MP1
The use of schlossbergs adult learning theory : Present an argument for the use of Schlossberg's adult learning theory in combination with other theories to support your project training objective.
Describe which sorts of firms are competing in this industry : Describe which sorts of firms are competing in this industry and which are not and explain the differences between the two (boundaries of the industry).
Write down the firm total cost function : A price-taking firm has marginal cost MC = 20 + 10q, average variable cost AVC = 20 + 5q, and fixed costs of 500, where q refers to the output of the firm.
Which assets are carried at fair value : One of the board of directors of Simba Ltd has proposed that the company adopt the revaluation model for fixed assets. Some of these assets are hard to obtain.

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Discuss why projects often fail

Discuss why projects often fail. Give a specific example which may lead to project failure.

  Define an information systems security policy

Part 1: define an information systems security policy framework for an it infrastructure

  Code a python module

Code a Python module (mystdio.py) with the following function signatures:

  Give the function table and explain its operation

Give the function table and explain its operation.

  How many parity bits are necessary

Suppose we want an error-correcting code that will allow all single-bit errors to be corrected for memory words of length 10.

  Write a model for the average monthly temperature in buffalo

Write a sine function which models the oscillation of tides in Savannah, Georgia, if the equilibrium point is 4.24 feet, the amplitude is 3.55 feet, the phase shift is 4.68 hours, and the period is 12.40 hours.

  Centroid versus center of gravity main two areas

Centroid versus center of gravity main two areas in which centroids are used and moment of inertia of an area how moment of inertia of composite areas.

  Equilibrium wage rate and quantity of unskilled labour

Calculate the equilibrium wage rate and quantity of unskilled labour employed. Draw a diagram to illustrate your answer.

  Make the buttons toggle their respective copies of image

Modify the document described in exercise 6.1 to add four buttons labeled, respectively, northeast, southwest, and southeast.

  Creating the table using the database tools

1. What is the advantages of using the Table Designer versus creating the table using the database tools.

  Determining the comparable employees

What do you do if you have two comparable employees but one individual has personal circumstances which requires him/her to work two jobs

  What are the other two weak keys

What are the other two weak keys? (Note: Differences in the parity bits, which the PC-1 permutation drops, do not count; the keys must differ in the 56 bits that are used to generate the key schedule.)

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd