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!
Graphing Maximum Total Proft
Show graphically the maximum total profit that the firm of Problem earns if the price of milk (product A) falls to $0.50 while the price of cheese (product B) remain at $1.*Just work on the case of TC=$90.
The dairy farm Company, a small producer of milk and cheese, has estimated the quantities of milk and cheese that it can produce with three levels of total expenditures or total costs. These are indicated in the following table. If the price of milk (product A) and the price of cheese (product B) that the firm receives are $1 each per unit of the products, draw a figure showing the that the firm can earn at each level of TC and the maximum total profit ( overall maximum profit that the firm can earn for the three different levels of TC.
TC=$170 TC=$90
Product A Product B Product A Product B80 0 100 070 40 90 6050 70 70 9020 90 30 120
TC=$140
Product A Product B
130 0110 7080 12040 1500 160
Use Excel program to estimate of the state's demand for KBC microbrews in Ohio. Print (past) the computer regression output and provide an economic interpretation of the regression results.
To maximize total income should the price be increased or decreased
Given the following predictions for nominal wage increases and productivity growth, state your forecast for inflation (assume this is all the information available to make the forecast).
Lerner Index to compute your price mark-up. What is your optimal price if you produce 1000 units.
Explain the impacts of an expansionary fiscal policy such as a tax cut on the levels GDP, Consumption, Investment, interest rate and unemployment and price.
Jim is considering quitting his work and utilizing his savings to start a small business. He expects that his costs will consist of a lease on the building, inventory, wages for two workers, electricity and insurance.
Ms. Fogg is planning a trip where she plans to spend $10,000-What is the maximum amount that Ms. Fogg is willing to pay to insure the $1,000?
Estimate the linear trend in the data, and use it to forecast gasoline sales in the United States in each quarter of 1990.
Elucidate how an increase in your nominal income and a decrease in your real income might occur simultaneously.
Calculate the arc price elasticity of demand over this price and consumption quantity range.
Let's say there's a world-wide influenza pandemic. Assume that the marginal cost (supply) of influenza vaccinations is constant at $40. Assume that everyone in society has health insurance that pays 80% of all medical services
Limit your reaction to stratigies which can work and reasons for their success.
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