Reference no: EM13314827
Assume that the most efficient production technology available for making vitamin pulls has the cost structure given in the following table. Note that output is measured as the number of bottles of vitamins produced per day and that costs include a normal profit. Output TC MC 25,000 $100,000 $0.50 50,000 150,000 1.00 75,000 187,000 2.50 100,000 275,500 3.00
a.) What is ATC per unit for each level of output listed in the table?
b.) Is this a decreasing-cost industry (yes or no).
c.) Suppose that the market price for a bottle of vitamins is $2.50 and that at that price the total market equilibrium demanded is 75,000,000 bottles. How many firms will there be in this industry?
d.) Suppose that, instead, the market quantity demanded at a price of $2.50 is only 75,000. How many firms do you expect there to be in this industry?
e.) Review your answers to parts, b, c, and d. Does the level of demand determine this industry’s market structure.
Health promotion measures to incorporate exercise
: Describe measures that you would take as a nurse to assist clients with health promotion measures to incorporate exercise and physical activity into their lives. Include the kind of activities you would recommend, the amount of exercise, and the appr..
|
Create an outline of the criminal trial process
: Create an outline of the criminal trial process from jury selection to sentencing. o This outline should include all major and minor steps in the criminal trial process in outline form with all possible options. For example, the defendant has the opt..
|
Reduce the risk of various health problems
: For the middle-aged adult, exercise can reduce the risk of various health problems. Choose three health issues that regular physical exercise and activity can help prevent and manage. Discuss the prevalence of each of these health problems in society..
|
Obligopolistically competitive
: Suppose that an obligopolistically competitive restaurant is currently serving 230 meals per day (the output where MR = MC). At that output level, ATC per meal is $10 and consumers are willing to pay $12 per meal. What is the size of the firm’s profi..
|
Efficient production technology available for making vitamin
: Assume that the most efficient production technology available for making vitamin pulls has the cost structure given in the following table. Note that output is measured as the number of bottles of vitamins produced per day and that costs include a n..
|
Price-discrimination monopolistic has segregated
: Suppose that a price-discrimination monopolistic has segregated its marker into two group of buyers. The first group is described by the demand and revenue data that you developed for developed for problem
|
Female bosses are harshly critical
: A certain researcher thinks that the proportion of women who say that female bosses are harshly critical is greater than the proportion of men. In a random sample of 200 women, 27% said that female bosses are harshly critical.
|
In general linear programming model of assignment problem
: In the general linear programming model of the assignment problem,
|
Draw the network model
: Consider the following shortest-route problem involving seven cities. The distances between the cities are given below. Draw the network model for this.
|