Lr for the firm to continue production

Assignment Help Microeconomics
Reference no: EM131865295

If a firm has to pay monthly rentals of 10000 on its factory land and has variable costs of 400000 for 2000 units of production, what minimum price must its goods see in the market in the SR and in the LR for the firm to continue production?

Reference no: EM131865295

Questions Cloud

Determining the monetary policy : If investment is not responsive to interest rate, fiscal policy will be more effective than monetary policy.
What institutions and policies in the us have contributed : Did you learn anything new or interesting? What institutions and policies in the US have contributed to inequality and how?
Find examples of brand identifiers : Identify the brand, then the identifier that appears to offer no benefit to the brand's equity and explain why you find that it does not.
Government purchases and net exports remain constant : Now suppose interest rates increase to 6%. As a result, gross investment falls to $1,500 while government purchases and net exports remain constant
Lr for the firm to continue production : What minimum price must its goods see in the market in the SR and in the LR for the firm to continue production?
Discuss the integrated marketing communication approach : Create a summary of the products' communications plan. Include (2) bullets below in this discussion. Apply 1 marketing concept with reference from the course.
Approaches to help analyze consumer behavior : Many businesses use any of the following approaches to help analyze consumer behavior:
What everyone in economy would buy at different aggregate : Aggregate supply Combination of the overall price and quantity at which neither buyers or sellers wish to change their purchases sales, or price
The Expenditures approach-what was the level of GDP : According to the above information, using the Expenditures approach, what was the level of GDP in the U.S. economy in the first quarter of 2010?

Reviews

Write a Review

Microeconomics Questions & Answers

  Added health insurance coverage for its employees

A major employer has just added health insurance coverage for its employees. Consequently, 5,000 of your patients will pay a $30 copayment rather than the list price of $100 per visit. These patients average 2.2 visits per year.

  The price elasticity of demand for qd elastic or inelastic

The price elasticity of demand for QD elastic or inelastic?

  Describe law of diminishing returns

What is the difference between explicit and implicit costs? Which of the costs is most closely associated with opportunity costs and why?

  What is sammy optimal consumption bundle

Sammy considers 2 wooden pencils to be a perfect substitute for 1 mechanical pencil.  The price of 1 wooden pencil is $2, and the price of 1 mechanical pencil is $3. Sammy has an income of $18. What is Sammy's optimal consumption bundle

  Research and profile a particular in microeconomic policy

Does the content adequately do what the assignment specifies? Is there adequate coverage of themesin general, and for the specific country (is there something important about a particular country that is neglected,or especially well-handled)? Is t..

  Why property rights could solve many of the problems

It has been argued that many of the problems with negative externalities - such as pollution, or the "tragedy of the commons" - could be better solved if there were clearly defined, protected and enforced property rights.

  Suppose you now own a taxi company in aberdeen and you are

suppose you now own a taxi company in aberdeen and you are the sole producer of this service. you have a taxi monopoly

  Midlevel wines consumed primarily in north america

Golden Star Winery produces midlevel wines consumed primarily in North America

  Analysis of development theories

Analysis of Development Theories

  How to know what the consumers may want

During the reading of research data collection tool I select the scanner data system due to the saving and targeted coupons first hand and saving money on discounted items and various products throughout the store .The drawback is when potential ..

  Write a report addressing a quantitative analysis project

Write a report addressing a quantitative analysis (QA) project. Select a business of interest and develop QA best practices that can be developed and implemented to increase revenues and/or to decrease costs. Please provide at least three mathe..

  Describe how an open market sale of t-bills

Describe how an open market sale of T-Bills, carried out by the central bank, affects interest rates, the banking system and real economic activity

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