Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
In a competitive industry the market - determined price is $12. A firm is currently producing 50 units of output; average total cost is $10, marginal cost is $15, and average variable cost is $7.
a. Is the firm maiking the profit-maximizing decision ? why or why not? If not, what should the firm do ?
b. consider another firm in a competitive industry that faces a market determined price of $25. the firm is producing 10,000 units of output, and average total cost, which at its minimum value, is $25. Answer part a for this firm
Illustrate why does inflation affect the increase in Social Security and other benefits. Is this effect a cost of inflation, as the article suggests.
If the company will sell the number of units obtained in part d and wants to maintain the same profit as last year, what will its new price have to be.
sales in joint facilities are lower than sales in two separate facilities. Elucidate what do these numbers imply for the decision of when to open a shared facility versus two separate facilities.
Elucidate why we still say that raising cattle is land intensive compared with farming wheat or why not.
Illustrate what is factor-proportions theory, also how is this theory useful in determining production advantages
Calculate the percentage change in nominal GDP, real GDP, and the GDP deáator in 2006 and 2007 from the preceding year. For each year, identify the variable that does not change. Explain in words why your answer makes sense.
According to comparative advantage, in which industries would you recommend the country to specialize. Has the country specialized in your suggested industries.
Illustrate what is james price of producing potatoes what is james opportunity cost of producing chickens which person has an absolute advantage in which activities which person has a comparative.
Compare the effects of the drought under the tariff with those under the quota
Should the Federal Reserve Board of Governors remain independent. Illustrate what is the strongest argument on either side
Illustrate what is the efficient price of water. Illustrate what are the quantities of water allocated to agricultural also industrial use
Explain how does it affect consumer surplus, producer surplus, government revenue, and total surplus. Is it a good policy from the standpoint of economic efficiency.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd