Marginal cost of one of the newspapers

Assignment Help Business Economics

Reference no: EM1313295

Q. Suppose the local newspaper hires students to fold also bag newspapers for delivery also pays them $20 per shift. Five students can fold also bag 300 newspapers per shift. The fourth student added 50 newspapers to total output. The capital cost is fixed at $50 per shift.

a) Is the newspaper in service in the long-run or short-run? Why?

b) Illustrate what is the average product of 5 students?

c) Calculate the total fixed, total variable also total costs of folding also bagging 300 newspapers.

d) Calculate the average fixed, average variable also average total costs of folding also bagging 300 newspapers.

e) Illustrate what is the marginal cost of one of the 50 newspapers folded also bagged by the fourth student?

Reference no: EM1313295

Questions Cloud

Compute the time for the pencil to hit : A helicopter is ascending vertically with the speed of 5.79. At a height of 127 above the Earth, a package is dropped from a window. How long take the package to hit the ground.

Single mean by hypothesis test : Using the .10 level of significance, can we conclude that the assembly time using the new method is faster?

Valuation of bond at applicable inflation rates : Valuation of Bond at applicable inflation rates and change in the risk free rates and what rate should you see for a three-year-maturity Treasury Bond in today's Wall Street Journal ?

Discuss the capital budgeting : Discuss the Capital budgeting and what is the net present value of the costs of buying and operating the ambulance over its lifetime

Marginal cost of one of the newspapers : Illustrate what is the marginal cost of one of the 50 newspapers folded also bagged by the fourth student.

What is the friction force that acts on the bear : A small, 300 g cart is moving at 1.60 m/s on an air track when it collides with a larger, 1.00 kg cart at rest. After the collision, the small cart recoils at 0.890 m/s.

Finding mean-variance by creating probability distribution : Use frequency distribution to create a probability distribution, determine the (b) mean,(c) variance and (d) standard deviation of probability distribution and (e) interpret results in context of real life situation.

Difference in the mean number : At the .05 significance level, is there a difference in the mean number of calls per day between the two employees?

Should country record on the bond retirement : Computation of loss and gain on retirement of bonds - Country reacquired all of these bonds at 96 on June 30, 2007, and retired them. Ignoring income taxes, how much gain/loss should country record on the bond retirement?

User Account

All Pages