User Account

All Pages

How much will it charge for each output

Assignment Help Basic Computer Science
Reference no: EM132148821

A firm faces the following inverse demand curve

P= 54-0.5Q

Where P is the price of output and Q is the number of outputs sold per hour. This firm is the only employer in town and faces an hourly supply of labor given by:

W=0.5E +10

Where w is the hourly wage rate and E is the number of workers hired each hour. Each worker produces 5 outputs per hour. How many workers should the firm hour to maximize its profit? What wage will it pay? How much will it charge for each output? What is the profit level of the firm?

Reference no: EM132148821

Questions Cloud

Write a short reaction paper on: the polis : Write a short reaction paper on: THE POLIS
Discuss the different approaches and techniques : Your task is to compare and contrast the different approaches and techniques that can be used to secure both planes of a Cisco device.
Show effects of the policy on the equilibrium interest rate : Due to a technological boom and rapid expansion of the economy, the Federal Reserve Bank is pursuing a contractionary monetary policy.
Recruiting program utilizing linkedin and other social media : Describe a recruiting program utilizing LinkedIn and other social media. how will this affect the human resources department and the selection process?
How much will it charge for each output : How many workers should the firm hour to maximize its profit? What wage will it pay? How much will it charge for each output?
What is rightful policing and how does emotional intelligenc : What is rightful policing and how does emotional intelligence factor into this style of policing? You will need to conduct outside research to fully show significant understanding of rightful policing and its connection to emotional intelligence.
Why is the volunteer service critical for hospitals : Identify the many duties of the Volunteer Service. Why is the Volunteer Service critical for Hospitals?
Company have formal outline code of ethics program : Does the company have a formal outline "code of ethics" program outlined on their web site?
Develop the demand equation : a. If A = $10,000 and I = $25,000, develop the demand equation?

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Identifies the cost of computer

identifies the cost of computer components to configure a computer system (including all peripheral devices where needed) for use in one of the following four situations:

  Input devices

Compare how the gestures data is generated and represented for interpretation in each of the following input devices. In your comparison, consider the data formats (radio waves, electrical signal, sound, etc.), device drivers, operating systems suppo..

  Cores on computer systems

Assignment : Cores on Computer Systems:  Differentiate between multiprocessor systems and many-core systems in terms of power efficiency, cost benefit analysis, instructions processing efficiency, and packaging form factors.

  Prepare an annual budget in an excel spreadsheet

Prepare working solutions in Excel that will manage the annual budget

  Write a research paper in relation to a software design

Research paper in relation to a Software Design related topic

  Describe the forest, domain, ou, and trust configuration

Describe the forest, domain, OU, and trust configuration for Bluesky. Include a chart or diagram of the current configuration. Currently Bluesky has a single domain and default OU structure.

  Construct a truth table for the boolean expression

Construct a truth table for the Boolean expressions ABC + A'B'C' ABC + AB'C' + A'B'C' A(BC' + B'C)

  Evaluate the cost of materials

Evaluate the cost of materials

  The marie simulator

Depending on how comfortable you are with using the MARIE simulator after reading

  What is the main advantage of using master pages

What is the main advantage of using master pages. Explain the purpose and advantage of using styles.

  Describe the three fundamental models of distributed systems

Explain the two approaches to packet delivery by the network layer in Distributed Systems. Describe the three fundamental models of Distributed Systems

  Distinguish between caching and buffering

Distinguish between caching and buffering The failure model defines the ways in which failure may occur in order to provide an understanding of the effects of failure. Give one type of failure with a brief description of the failure

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd