Q1 assume that cookie producers create a positive

Assignment Help Business Economics
Reference no: EM13354497

Q1. Assume that cookie producers create a positive externality equal to $2 per dozen. What is the relationship between the equilibrium quantity and the socially optimal quantity of cookies to be produced?

Q2. Assume that the firm's production function is given by Q = 10KL1/3. The firm's capital is fixed at K. What amount of labor will the firm hire to explain its short-run cost-minimization problem?

Q3. Explain the solution to the firm's cost-minimization difficulty ever occur off the iso-quant representing the required level of output?

 

Reference no: EM13354497

Questions Cloud

Q1 how much resistance must be inserted in mua circuit has : q1. how much resistance must be inserted in mua circuit has l 12.6 mh and c 1.15the circuit to reduce the undamped
Q an independent trucker has the following options if he : q. an independent trucker has the following options. if he buys expensive machinery then he can hire fewer drivers to
Qa purely spirited wheat farmer can sell any wheat he grows : q.a purely spirited wheat farmer can sell any wheat he grows for 20 per bushel. his 5 acres of land show diminishing
Q1 two railroad cars each of mass 6300 kg and travelling 88 : q1. two railroad cars each of mass 6300 kg and travelling 88 kmh in opposite directions collide head-on and come to
Q1 assume that cookie producers create a positive : q1. assume that cookie producers create a positive externality equal to 2 per dozen. what is the relationship between
Q1 a 4 kg fish swimming 3 ms swallows an absent minded 2 kg : q1. a 4 kg fish swimming 3 ms swallows an absent minded 2 kg fish at rest. what is the speed of the large fish
Q1 two 12-cm-diameter charged rings face each other 170 : q1. two 12-cm-diameter charged rings face each other 17.0 apart. both rings are charged to 40.0. what is the electric
Q1 imagine a free electron and a free proton held midway : q1. imagine a free electron and a free proton held midway between the plates of a charged equivalent plate capacitor.
Q1 illustrate the force vectors with their tails at the : q1. illustrate the force vectors with their tails at the origin of coordinate system. the orientation of your vectors

Reviews

Write a Review

Business Economics Questions & Answers

  Calculate the arc cross-price elasticity of demand for jjt

Calculate the arc cross-price elasticity of demand for JJT's deluxe garment bag. B. JJT's deluxe garment bag sales recovered from 4,800 units to 6,000 units following a price reduction to $130 per unit.

  The study of government regulation and the competitive

The study of government regulation and the competitive environment for business is relevant to all those who study business. All business candidates need to understand how the competitive environment will impact their employers and businesses.

  Describe how the addition of pounds of rubber will affect

Marginal revenue product is defined as the change in total revenue that results from the employment of an additional unit of a resource. a widget producer wishes to describe how the addition of pounds of rubber will affect its MRP and profits.

  Using accelerated depreciation rather than straight line

Using accelerated depreciation rather than straight line would normally have no effect on a project's total projected cash flows but it would affect the timing of the cash flows and thus the NPV.

  The net profit earned in business rs 60000 but the net

the net profit earned in business rs 60000 but the net sales occurred during the year are rs. 300000.compute the net

  Explain how should the united states supreme court interpret

Explain how should the United States Supreme Court interpret the United States Constitution.

  Which promotional mix would be most likely to move people

Everyone who has baked with the new flour loves it, but she is having trouble getting potential consumers to the desire stage of the AIDA concept.

  What is anarchy when referring to international relations

What is Anarchy when referring to International Relations? Why is the concept of Anarchy important for understanding the difficulties for international negotiations on environmental issues?

  What is joint profit-maximizing level of output

Suppose both firms have entered industry. What is joint profit-maximizing level of output. How much will each firm produce. How would your answer change if firms have not yet entered industry.

  Compute the price elasticity cross price elasticity

Assuming that wheat and barley both sell for $1, and income is $20, compute the price elasticity, cross price elasticity and income elasticity for wheat.

  Define the hypothetico-deduction method of investigation

Companies are interested in acquiring other firms even when the latter operate in totally unrelated realms of business. For instancce, Highways Industries manufacturing asphalt materials for road construction, acquired VIP Transport Ltd

  Elucidate the nature of competition in a marketplace

Elucidate the nature of competition in a marketplace which is characterized by a high barrier to entry and a significant product homogeneity.

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