How fast is its daily cost for hamburgers increasing

Assignment Help Econometrics
Reference no: EM131261663

Rate of change of cost. A fast-food restaurant can produce a hamburger for $2.50. If the restaurant s daily sales are increasing at the rate of 30 hamburgers per day, how fast is its daily cost for hamburgers increasing?

Reference no: EM131261663

Questions Cloud

How are these models used to identify system parameters : How are these models used to identify system parameters and recognize, in turn, the symptoms, problems, and causes that result in ineffective organizations?
Identify what done well weaknesses and areas for improvement : Primary Task Response: Your first task is to post your own Key Assignment Outline to the discussion area so that other students are able to review your plan. Attach your document to the main discussion post, and include any notes you feel are appr..
Calculate the final solution volume and the shaft work : Calculate the final solution volume and the shaft work in kW that the pump must deliver, assuming that the surface of the stored solution and the pipe outlet are both at 1 atm. Data. PH2O = 1.00 kg/L, Pgly = 1.26 kg/L. (Use to estimate solution de..
How the winner take all economy was made : How the winner take all economy was made. How is it possible, in our current political environment, to beat winner take all politics? Discuss.
How fast is its daily cost for hamburgers increasing : Rate of change of cost. A fast-food restaurant can produce a hamburger for $2.50. If the restaurant s daily sales are increasing at the rate of 30 hamburgers per day, how fast is its daily cost for hamburgers increasing?
How fast is its daily cost for hamburgers increasing : Rate of change of cost. The fast-food restaurant in Problem 63 can produce an order of fries for $0.80. If the restaurant s daily sales are increasing at the rate of 45 orders of fries per day, how fast is its daily cost for fries increasing?
What is another interpretation or viewpoint of the issue : How can I validate the accuracy of my statement? How is this information relevant? How does my conclusion address the complexities of the issue? What is another interpretation or viewpoint of the issue?
How did this person effected the critical theme : Critical analysis of a famous African American from the list provided on Blackboard. In this assignment you will provide a developed close reading that examines one of the themes the course has outlined as it applies to the person chosen. How did/..
Find the revenue function : In Problems 47-49, use the demand equation to find the revenue function. Sketch the graph of the revenue function, and indicate the regions of inelastic and elastic demand on the graph.

Reviews

Write a Review

Econometrics Questions & Answers

  What is the annual and effective interest rate

An engineering student bought a $75 bicycle and agreed to pay for it with a single $85 payment at the end of six months. Assuming semi-annual compounding, what is the annual, effective interest rate

  How much should the store charge for an annual membership

A local video store estimates their average customer's demand per year is Q = 20 - 4P, and knows the marginal cost of each rental is $1.00. How much should the store charge for an annual membership in order to extract consumer surplus

  How many firms will enter the market

Consider the setting of in-text exercise 19.1 (page 714). If the fixed costs associated with being active in this market are $30,000 per year, how many firms will enter the market?

  What is the optimal output for the production division

The Xerxes Company is composed of a marketing division and a production division. The marketing division packages and distributes a plastic item made by the production division. The demand curve for he finished product sold by the marketing divisi..

  What is new equilibrium price level and level of real output

Use the data above to graph the aggregate demand and aggregate supply curves. What is the equilibrium price level and the equilibrium level of real output in this hypothetical economy Is the equilibrium real output also necessarily the full-employ..

  What is the builder''s capitalized cost to const the plant

a sewage treatment plant and deposit sufficient money in a perpetual trust fund to pay the $5000 per year operating cost and to replace the treatment plant every 40 years. The plant will cost $150,000, and future replacement plants will also cost

  What is the size of the underground economy as a percentage

Assume that the total value of the following items is $600 billion in a specific year for Upper Mongoose: net exports = $50 billion; value of new goods and services produced in the underground economy = $75 billion

  Explain whether you agree with the student''s reasoning

Briefly explain whether you agree with the student's reasoning.

  Determine what is the expected value of the delay

The internal study could be started immediately, and then the decision on the consultant could be made in three months. If this option is selected, the internal study will reliably indicate the outcome. If the consultant were hired, it would add t..

  What is the difference in the amount of depreciation

A construction company is considering changing its depreciation from MACRS method to historical SL method for a general purpose hauling truck. The cost basis of the truck is $100,000, and the expected salvage value for depreciation purposes is $8,..

  This is an example of what principal of taxation

John earned $100,000 last year and paid $10,000 in income taxes. Mark earned $50,000 last year and paid $5,000 in income taxes. This is an example of what principal of taxation?

  Choose one of the sources of funds

Of the four sources of funding listed above, which sources are likely to increase/decrease Again, be sure to distinguish between a change in dollar terms versus a change in its contribution to overall funding/revenue.

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