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the long-run production function for a firm producing skateboards is Q3-40q2+430q where q is the number of skateboards per week.
a) what is the general shape of this total cost function
b) compute the average cost function for skateboards? what shape does the graph of this function have? at what level of skateboard output does average cost reach minimum? what is the average at this level of output
Suppose that survey measures of consumer confidence indicate a wave of pessimism is sweeping the country.
What is the expected impact of fall the business confidence. Explain with suitable diagram. Will monetary policy help to increase the investment by private sector in the presence of fall in the business policy.
State Explain how IKEAs expansion has reenergized mature markets around the world also changed the competitive situation.
Illustrate what is level of utility the person will attain on a daily basis. Illustrate what will be the average level of utility attained per day during the year.
illustrate what do you think will characterize the goods which the EU exports to the United States also the goods which the United States exports to the EU.
Suppose which equilibrium income is 3200 also the multiplier is 2.38. Equilibrium income would rise to 3400 if planned investment.
Analyze the equilibrium cost and quantity in this case and label it on your graph. Moreover calculate, deadweight loss, consumer surplus as well as industry profits.
If the Federal Reserve had maintained a constant money supply in the face of this change, what would have happened to the interest rate.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
Why would a US company choose to export a product to India rather than license India the right to produce the product locally
Explain how does the U.S. Government correct for this apparent market failure.
One organization must have high fixed costs also low variable cost also the other must have low fixed costs also high variable costs.
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