Number of pizza made

Assignment Help Business Economics
Reference no: EM132559548

A pineapple pizza place is making pizza with a cost function c(y) =10+(y2)/2+3y where y is the number of pizza made.

Suppose the restaurant decides to make 10 pizzas, the average variable cost of making 10 pizza is: $ The marginal cost of the 10th pizza is: $

Reference no: EM132559548

Questions Cloud

What is the best pricing and packing policy : A monopolist firm produces a special soft drink. There are 20 H-type and 40 L-type consumers with the following demand functions:
Competitive markets may apply mixed bundling : Firms that have market power can apply the mixed bundling strategy to increase their profits. Some researchers claim
Describe the health care organization or network : Research a health care organization or network that spans several states with in the United States (United Healthcare, Vanguard, Banner Health, etc.).
Calculate demand of leisure and consumption : Describe the workers problem, including its budget constraints, and calculate her demand of leisure and consumption
Number of pizza made : A pineapple pizza place is making pizza with a cost function c(y) =10+(y2)/2+3y where y is the number of pizza made.
Maximum profit that the firm can get in the short run : The price of the output is $6 each. What's the maximum profit that the firm can get in the short run?
How might that affect the nursing care you receive : How might that affect the nursing care you receive? What would you want a health promotion program to include that addresses a health concern for your cultural.
Describe the total market supply : The cost per unit of K is 3 and the cost per unit of L is 2. The optimal number of labor to produce 72 units is:
Total production cost for the industry : An industry has 50 identical firms. These firms have the same production function, which is Y=3x1+x2.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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