How many spaghetti dinners should the firm make each day

Reference no: EM13238615

Suppose a competitive firm produces spaghetti dinners. The market price of a spaghetti dinner is $20. The cost of making the dinners is given by C(Q) = 10Q + (Q2/160). The marginal cost is given by MC = 10 + (Q/80).

a. How many spaghetti dinners should the firm make each day?

b. What if the firm has avoidable fixed costs of $1562.50?

c. What is the firm's supply function if there is no avoidable fixed cost?

d. What is the supply function if the firm has avoidable fixed costs of $1562.50?

Reference no: EM13238615

Questions Cloud

How to compute the equilibrium constant : Calculate the equilibrium constant at 0c and at 50c(assuming enthalpies of formation are independent of temp)

Calculate the payback period for the investment : The lathe will cost $10,000. and will produce an annual income of $2,500 per year throughout its lifetime. It is anticipated that the cost of removal of the lathe will exceed its value as scrap at the end of the useful life of $2,500.

Explain the concentrations of the three carbonate species : A water sample is measured to have alkalinity of 130 mg/L as CaCO3 at pH=9.2, what are the concentrations of the three carbonate species

Draw a free body diagram for the negative charge : Three equal positive charges Q are each fixed at a corner of an equiliateral triangle of side length a, Draw a free body diagram for the negative charge, Find the magnitudes of the net force on the negative charge

How many spaghetti dinners should the firm make each day : Suppose a competitive firm produces spaghetti dinners. The market price of a spaghetti dinner is $20. The cost of making the dinners is given by C(Q) = 10Q + (Q2/160). The marginal cost is given by MC = 10 + (Q/80).

Explain what is the alkalinity of the water : A solution is created by adding 0.05 moles of H2CO3 (3.1 g, total mass) to 5-L of water, resulting in a pH of 4.2. What is the alkalinity of this water (in meq/L)? Does the answer make sense, why or why not

What is the total change in the asteroids velocity : Influenced by the gravitational pull of a distant star, the velocity of an asteroid changes from from +21.0 km/s to ?17.8 km/s, What is the total change in the asteroid's velocity

Draw an electric field line diagram of the three paricle sys : A positive particle with charge 2Q is at the origin between two equal negative particles each with charge - Q, Draw an electric field line diagram of the three paricle system

Explain what is the alkalinity : A water at pH = 6.35 has HCO3- concentration of 2.2 mM. What is the alkalinity? Clearly specify your units

User Account

All Pages