User Account

All Pages

Calculate marginal cost using the formula

Assignment Help Macroeconomics
Reference no: EM131271346

A firm's output, variable costs, and total costs are given in the table below.

Instructions: Round your answers to the nearest dollar.

a. Calculate marginal cost using the formula given in the chapter: Δ total cost / Δ quantity.

Quantity

Variable cost ($)

Total cost ($)

Marginal cost ($)

  0

    0

100

-

10

  50

150

20

  80

180

30

120

220

40

180

280

50

260

360

Reference no: EM131271346

Questions Cloud

Discuss the importance of establishing targets : The planning stage of a DSM involves consideration of ‘where do we want to go?' having already established targets. Discuss the importance of establishing targets early on in an advertising campaign.
Would a blend of these two forms of motivation be valuable : In regards to intrinsic and extrinsic motivation which type of motivation do you support? Why? Would a blend of these two forms of motivation be valuable in the classroom?
Apparent option of not using model : Explain this statement by Palmer, Dunn, and Akin on page 122 of the textbook: “The apparent option of not using a model (for diagnosis) is not a real option; the choice is whether we use one that is explicit or one that is implicit.”
Discuss the different advertising appeals available : Creative strategy is part of ‘How do we get there?' Discuss the different advertising appeals available.- Discuss the importance of involvement with particular reference to creative appeals.
Calculate marginal cost using the formula : A firm's output, variable costs, and total costs are given in the table below. Instructions: Round your answers to the nearest dollar. a. Calculate marginal cost using the formula given in the chapter: Δ total cost / Δ quantity.
How do emerging leadership theories support innovation : How do emerging leadership theories support innovation and entrepreneurial spirit within organizations
Discuss the key media characteristics for given case : There are a number of practical issues when considering how to put a campaign into practice. Discuss these in relation to the case.
Evaluate the organization facilities with regard to capacity : Evaluate the organization's facilities with regard to capacity and location. Determine whether the organization has enough capacity and whether or not the facilities are strategically located
Predict the impact of these events on the equilibrium : Which curve or curves in the labor market for meat packers would be affected by these changes - could you predict the impact of these events on the equilibrium wag of meatpackers? on the equilibrium employment level? explain

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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