Compute the atc for the small plant and large plant

Assignment Help Econometrics
Reference no: EM131072454

Now consider the preceding question in the longer term - with variable plant size.

(a) Compute the ATC for the small plant and large plant.

(b) By inspecting all three ATC curves, what can you say about scale economies over the range of output being considered?

Reference no: EM131072454

Questions Cloud

Compute the average utility associated with each game : Then compute the average utility associated with each game, given the utility values that are associated with each dollar outcome.
What is the operating breakeven point : Big company makes lug nuts and sell them at$6 a pack of 4 with a variable cost of $3.50 per pack. Their fixed operating costs are $50,000 annually. he pays $13,000 in interest each year along with $7,000 in perferred dividend, his current selling pri..
Case about to two workers and random time between arrivals : For the case of two workers and random time between arrivals, estimate the average cycle time for a part to traverse the cell using Little's Law. The cycle time is the time between entering the raw material inventory and entering the FGI.
Pretax operating costs : You are evaluating two different silicon wafer milling machines. The Techron I costs $210,000, has a three-year life, and has pretax operating costs of $53,000 per year. The Techron II costs $370,000, has a five-year life, and has pretax operating co..
Compute the atc for the small plant and large plant : Compute the ATC for the small plant and large plant.
Do you believe us is prepared for primary care management : Based on your understanding of the process of primary care management for behavioral reactions. Do you believe the United States is prepared for primary care management during a weapons of mass destruction incident?
Compute the atc schedule for the medium plant : Compute the ATC schedule for the medium plant
Experimental strategy for determining the number of wip cart : An injector is produced in two steps: assembly and calibration. This study will focus on the calibration area only. The assembly area can produce a batch of 24 parts in 82 minutes. Each batch is placed on a WIP cart.
Make a swot analysis of your own personal skills : Business Skills - (BLB10115-4) Make a SWOT analysis of your own personal skills to assess your suitability for any of the job positions mentioned in the advertisement above and explain why you are interested in the job and present a CV along with ..

Reviews

Write a Review

Econometrics Questions & Answers

  Compute the firms profits assuming equal split

1. Find the Cartel solution (total output and price) and compute the firms profits assuming equal split (each rm producing half of total output). 2. Find and draw on a graph the firms reaction functions.

  Determine how much is in the account after 5 years

You open a savings account to save for a new house. Everymonth you put $100 into a savings account which pays 5% interestcompounded monthly. At the end of each year you receive a $500bonus which you place directly into your "housefund".

  How many bricks should this firm produce today

Assuming that this firm has positive fixed costs, did the firm earn economic profits, economic losses, or zero economic profits yesterday?

  Calculate what caleb''s monthly payments will be

Caleb bought a car for $6,900. He agreed on a five- year loan at a 5.4% interest rate.

  Explain whaty is coefficient of variation for both projects

To evaluate the two projects, you decide to use the company's weighted average cost of capital (WACC) for the less risky project (12 percent) and the WACC plus two points (14 percent) for the more risky project.

  How much each firm sells in the local market

Now assume that Home has started trading with the Foreign country, which is exactly the same: it has the same demand curve and there is only one firm there that also produces apples at the marginal cost of $4 per kilo.

  Find estimated mean mpg mileage for the vehicle tested

The EPA tests vehicles for gasoline mileage under stringent testing conditions. The testing for a particular make and model of mid-sized SUV involved 35 vehicles submitted by the manufacturer. Assume the vehicles submitted for testing constitute a..

  What is the profit maximizing price for the firm

Assume the graph below represents the market demand for a patented prescription drug together with the long run marginal cost and average cost functions for producing the drug. (note: the diagram assumes that at output levels over 50 million.

  Compute a nominal gdp and a real gdp for each year

MILK- $1, 100 quarts. HONEY- $2 50 quarts. 2009: MILK- $1, 200 quarts. HONEY- $2, 100 quarts. 2010: MILK- $2, 200 quarts. HONEY- $4, 100 quarts. Compute a Nominal GDP and a Real GDP for each year using 2008 as the base year.

  Pay off matrix for zero sum game

The following table is the pay off matrix for zero sum game. Estimate the each players dominated strategy of the following zero sum game?

  What advantages do they have over other plants

What major polymers are present in the cell walls of the plants you described in (c)? What key research findings must be made in order to more efficiently produce low-cost energy from these polymers?

  Derive the average costs of producing devices per year

The Haverford Company is considering three types of plants to make a particular electronic device. Plant A is much more highly automated than plant B, which in turn is more highly automated than plant C. For each type of plant, average variable co..

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