Intermediate products

Assignment Help Microeconomics
Reference no: EM1371332

What factors would cause a firm to decide to buy intermediate products needed for production of its final goods or services? What are some of the benefits and disadvantages of deciding to make these products?

Reference no: EM1371332

Questions Cloud

Compute the linear charge density along the arc : A shopper walks from the door of the mall to her car 250m down the line of cars, and then turns 90 degrees to the right and walks an additional 60 meters. What is the magnitude of the displacement of her car from mall door.
Explain how with trade nebraska can wind up : Explain how, with trade, Nebraska can wind up with 40 million bushels of wheat and 120 bushels of corn while Iowa can wind up with 40 million bushels of corn and 120 million bushels of wheat.
Write projected growth rates for expansion of wi-fi : Write some of projected growth rates for expansion of Wi-Fi in geographic area? Choose geographic region of United States and recognize growth rates for Wi-Fi in area over next year
Illustrate what are firm total profits : Draw demand, marginal revenue and marginal cost curves for each market. Approximate profit maximizing prices and quantities graphically and/or determining solutions algebraically. Illustrate what are firm's total profits.
Intermediate products : What factors would cause a firm to decide to buy intermediate products needed for production of its final goods or services?
Explain changing a promotion system : Explain Changing a Promotion System and response the questions that fall after the case description
How fast do two coasts after they couple : If a third charge, of 5, is now placed at the point = 3.00, = 4.00 find the components of the total force exerted on this charge by other two charges.
Illustrate what is his reservation wage : Assume he takes welfare and does not work. Illustrate what is his reservation wage. He will not lose his welfare if he works.4. Suppose he is working and receives no welfare.
Determining appropriate bid price : Guthrie Enterprises needs someone to supply it with 230,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you've decided to bid on the contract.

Reviews

Write a Review

Microeconomics Questions & Answers

  Cost function-average fixed cost-variable cost function

You appoint an intern from Southern University to help you examine your production process, and she uses your historical cost records to estimate that your total cost function is C(Q) = 100 + 2Q + 3Q2.

  Benefits of pursuing additional education

What are the marginal costs and benefits of pursuing additional education and inherent risks associated with this decision?

  Methods of internal rate of return

What is the machine's payback period? Compute net present value of machine if the cost of capital is 12%. Find out the expected internal rate of return for this machine?

  Marginal cost of paper cup productions

Make a table showing the marginal cost of paper cup productions. What is the minimum price necessary for company to supply one thousand cups?

  Explanation to price discrimination

Which of the following is NOT a condition for price discrimination? Different groups of consumers should be charged differing prices for the same product. The firm's demand curve should be downward sloping.

  Do brief research on asean economic community

Question:  Do brief research on ASEAN Economic Community (AEC) and discuss on the following questions: How does the AEC affect the multinational firms investing in AEC members? What is the effect of AEC on the U.S. economy?

  Important information-market structure

What is the source of these profits? Upon patent expiration, numerous rival drug companies offer generic versions of the drug to consumers.

  Capital-marginal productivity of labor

Determine the rate of can rent capital and marginal productivity of labor at its new targeed level of output. To minimize the cost, the car company should hire capital and labor until the marginal rate of subsitution reaches what portion?

  Determining value of firm

A company has a EBIT to be $100,000 every year forever. The company can borrow at 5%, has no debt and cost of equity of 15%. If the tax rate is 25 %, find out the value of the firm?

  Concept of elasticity

Evaulate the price elasticity of demand for subway rides. The subway fare in your town has just been increased from the current level of 50 cents to $1.00 per ride.

  Determining sources of economic profit

How do the concepts of accounting profit and economic profit differ? Why is economic profit smaller than accounting profit? What are the three basic sources of the economic profit? Classify each of following according to those sources:

  Description of average fixed cost

What is the average fixed cost of producing 2 units of output based on the following table:

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