Determine the possible circumstances

Assignment Help Microeconomics
Reference no: EM13978403

C = 160,000,000 + 100Q + 0.0063212Q2

VC = 100Q + 0.0063212Q2
MC= 100 + 0.0126424Q

Q= 13525

P= 595.60

Determine the possible circumstances under which the company should discontinue operations. Suggest key actions that management should take in order to confront these circumstances. Provide a rationale for your response. (Hint: Your firm's price must cover average variable costs in the short run and average total costs in the long run to continue operations.)

Reference no: EM13978403

Questions Cloud

What is the angle of the person eyes : A building 190 feet tall casts a 30-foot long shadow. If a person stands at the end of the shadow and looks up to the top of the building, what is the angle of the person's eyes to the top of the building (to the nearest hundredth of a degree)? (Assu..
What will be the magnitude of static friction force : If the block m1=2kg does not slip on the block m2=5 kg while the blocks are accelerating together, what will be the magnitude of static friction force between the blocks m1 and m2?
What frequency is the string vibrating : Consider a string with linear mass density 0.1189 g/cm and length 115.5 cm oscillating as shown in the figure. The tension on the string is 17.31 N. At what frequency is the string vibrating?
How the data in the ehr is used : When you complete the exercise, paste your results into a Word document with your name at the top and submit it as your assignment.
Determine the possible circumstances : Determine the possible circumstances under which the company should discontinue operations. Suggest key actions that management should take in order to confront these circumstances. Provide a rationale for your response.
What is net force on the system consisting of both blocks : What is the net force on the system consisting of both blocks? What is the net force acting on m1? What is the net force acting on m2?
What is distance between the blocks when they come to stop : Consider a spring whose natural length is 20 cm is compressed by 10 cm and placed between two masses M= 8.0 kg and m= 4.0 kg. the spring constant is 200N/m and coefficient of kinetic friction between the blocks and the floor is 0.15 . The blocks a..
Which type of tax will john prefe : The government wants to raise $50 a month from John Doe. A $1sales tax per package of cigarettes will raise the required revenue as will alump-sum tax of $50 per month. (With a lump-sum tax, John has to pay$50 regardless of how many cigarettes he buy..
The kennedy center is to see the plays thatare offered : Museums and other non-profit organizations often have membershipfees. Members get benefits not available to non-members. Thisquestion examines the demand for memberships.Fred has $100 to spend on "other goods" or on plays at theKennedy Center. The pr..

Reviews

Write a Review

Microeconomics Questions & Answers

  Barry a texas crude company engineer who did not take

barry a texas crude company engineer who did not take engineering economy while studying at tech recommended that texas

  Predict for delta in a one-play game and why

Is there a dominant strategy? What is (are) the Nash equilibrium (equilibria)? Explain. Is there a mixed equilibrium strategy? What behavior would you predict for Delta in a one-play game and why

  Fiscal and monetary policy and the negative impact policy

Fiscal and monetary policy and the negative impact policy can have on the equilibrium of prices. Then, identify ways that a free market society can avoid the negative impact and maintain both production and price.

  Impacts of innovation and technology

What do you think about the most important determinants that impact demand for banking industry's product or service and determine the impacts of innovation and technology on the cost of production?

  Explain how short-run phillip curve the long-run phillip

explain how the short-run phillip curve the long-run phillip curve the short-run aggregate supply curve the long-run

  Effect of events on market

What will be the effect of the following events on the market for French wine and the quantity consumed? Distinguish between the short-run and the long-run impact.

  What is the velocity of money and the price level

What is the velocity of money (V) and the price level (P) consistent with the quantity equation?

  Graph the excess supply function

Assume the following market demand and supply functions P + 25 Qd = 1000 P2 + 5 Qs = 100 P0.4- Graph the excess supply function.

  Analyze the primary potential benefits

Analyze the primary potential benefits of learning about health economics related to government involvement in healthcare economics, financing, and delivery.

  The dark matter debate is about eight years old

The Dark Matter debate is about eight years old.

  Why would firm stay in business if making zero profit

The long-run equilibrium for a perfectly competitive industry occurs when the firms are earning economic profits of zero. Why would firm stay in business if it is making zero economic profits

  Explain the difference between a movement along the supply

1. Explain the difference between a movement along the supply curve vs. a shift in the supply curve: Name the factors that shift the supply curve for a good or service.2. Identify and explain the factors of production of a good or service

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