How much profit does an individual producer make in a month

Assignment Help Macroeconomics
Reference no: EM13331368

Suppose honey is produced in a beehive using bees and sugar. Each honey producer uses one beehive which she rents for $30 per month. Producing q gallons of honey in one month requires spending 5q dollar bees and 2q^2 dollars on sugar. How much profit does an individual producer make in a month?

Reference no: EM13331368

Questions Cloud

Firm production department during a certain week : The following figures refer to a firm production department during a certain week. Estimate TVC and AVC. No. of workers employed 50
Derive the firms total cost function : Suppose a firms production function is given by Q= L^1/2 * K^1/2. The marginal product of labor and the marginal product of capital are given by:
State the carbon atoms in 3-hexanone must come from ch3ch2br : Devise a synthesis of the ketone 3-hexanone, CH3CH2COCH2CH2CH3, from CH3CH2Br as the only organic starting material; that is, all the carbon atoms in 3-hexanone must come from CH3CH2Br
What is the effect upon carrying value and earnings : What is the effect upon carrying value and earnings for each of the situation presented?
How much profit does an individual producer make in a month : Suppose honey is produced in a beehive using bees and sugar. Each honey producer uses one beehive which she rents for $30 per month. Producing q gallons of honey in one month requires spending 5q dollar bees and 2q^2 dollars on sugar. How much profit..
Evaluate the h3o+ concentration and the ph : Calculate the H3O+ concentration and the PH for the following: a) a solution with OH- concentration= 4.5*10^-4 M? b) a solution with a pH of 5.6
Schnappauf familys tax return : hen the Schnappaufs prepared their 2009 tax return, they elected to expense the computer and printer using Section 179. The computer system and the printer were used exclusively in her business.
Draft a high-level project plan to begin the more detailed : In working out your responses to the Discussion Question, you should describe specific examples from the case study. Credit will be given for references you make to support your analysis from the readings or from your own experience. Please make sure..
Calculate the final speed of the crate : Jack and Jill are standing on a crate at rest on the frictionless, horizontal surface of a frozen pond. Jack has a mass of 74.5kg , What is the final speed of the crate if Jill jumps first and then Jack, again in the same direction

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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